IMA

Self Invested Personal Pensions should be brought under Financial Services Authority regulation in the interests of consumer protection, according to the Association of Independent Financial Advisers.

The European Fund and Asset Management Association says proposals in the European Commission's Green Paper on investment fails to dent the key issues of creating a true single market in financial services.

Financial services companies may have been saved from an EU proposal which would have required firms to issue clients with "two-way consent" paperwork on new terms of business.

The government has launched a consumer stakeholder awareness campaign which it says builds on the "success" of take-up so far and gives guidance on what individuals should invest in for the short, medium and long-term.

Repeated warnings about the importance of saving continue to be ignored as less than two out of ten (17%) UK adults have a savings vehicle, new research indicates.

Adair Turner has approached the Investment Management Association (IMA) to examine cost-effective ways in which National Insurance contributions might be pooled and put towards a pension.

Consumer interest in the investment market gained a little more ground in May but the bulk of those retail sales were placed in bonds, according to the latest statistics from the Investment Management Association.

Current proposals put forward by the Committee of European Securities Regulators (CESR) concerning eligible assets for investment under Undertakings for Collective Investment in Transferable Securities (UCITS) regulations have been called too prescriptive...

Isa sales vastly improved in April compared with the previous month to rise by almost a third, but total funds under management are struggling to hold their ground as a result of lower institutional sales.

Around £40bn of pension fund assets was shifted from equities to bonds between 2003 and 2004, losing a potential £6bn in returns, even though listed stocks offered the best investment returns, says the IMA's annual survey.