IMA

The IMA has distanced itself from earlier proposals to launch a judicial review into the funding of the FSCS, as it looks at "other options" to tackle the levy on behalf of its members.

The ABI will today announce plans to scrap its "misleading" managed fund sector names after research showed they were too difficult for consumers to understand.

The Investment Management Association (IMA) has confirmed it is leading efforts to shore up troubled Keydata-backer Lifemark, as part of a bid to recoup the fund management sector's £233m FSCS bill.

People in the UK are not saving enough for retirement, and radical action is needed.

The IMA has criticised the ABI's proposed changes to its Managed sectors, arguing the suggested names are "opaque" and inconsistent with RDR and TCF principles.

The IMA's Absolute Return and Managed sectors may be linked, before being broken down into risk profiles according to its head of sectors.

The Investment Management Association (IMA) is considering bringing a judicial review of the FSCS interim levy on behalf of its members, in the same week IFAs have erupted in open revolt over the issue.

The Strategic Bond sector was the most popular with retail investors in 2010 but sales of equity funds also soared to a 10 year high, according to the IMA.

Although dominated by FTSE 100 products, the structured product market has seen a growing number of launches offering investments based on alternative, dual and multiple benchmarks. But are these cutting edge or double-edged investments? Rob Kingsbury...

Savers are being warned against 'cautious' managed funds after research found many portfolios in fact have significant exposure to risky assets.