IMA

Tax rates and regimes must be changed to reflect the different nature of property investment funds (PIFs) if these sorts of products are to have any chance of success, argues the IMA in its response to government consultations.

The European Fund Categorisation Forum (EFCF), a cross-border group of fund management companies and financial information providers working with FEFSI - the pan-EU equivalent of the UK's IMA - has agreed a new system for classifying fixed income funds....

Over half of UK adults took out an Isa in the previous year, making the 2003/04 tax year the most popular since Isas were introduced in 1999, suggests IMA research.

Retail investment sales appear to picked up as the latest statistics from the IMA suggest net retail sales increased by over 40% last month.