investment

The Citizens Advice Bureau (CAB) wants the government to press ahead with a new low cost insolvency solution, following research which shows many people are facing a lifetime of debt.

The FTSE 100 has bounced back from a slow start this morning to end the day with gains of 146 points or 2.64% to 5,678.7, with mining and energy stocks leading the rally as copper prices rose and oil traded at over $70 a barrel.

Over £11m was placed into cash Child Trust Funds (CTFs) in April according to the latest statistics from the Building Societies Association (BSA).

The concept of ‘direct offer' business may have to undergo reform in the UK as proposals inside the MiFID directive suggest product purchases can only be considered ‘execution-only' if the client approaches the firm ‘on their own initiative'.

Axa has revamped its estate planning bond trusts, and is to offer two versions of the trust instead of one, following the Budget changes to the Inheritance Tax (IHT) treatment of trusts.

The FTSE 100 has started to recover slightly from its steep drop this morning thanks to Corus, although it is still down 75.2 points to 5,836.9, as miners continue to top the list of fallers.

Standard Life has decided to keep its discounted gift plan (DGP) trust under suspension following changes to the Inheritance Tax (IHT) treatment of trusts in the Budget.

Investment, pensions and protection products leave up to five out of 10 adults confused, a research from Defaqto reveals.

Standard Life has set its stall firmly in the single premium investment-led market, as new business figures released this morning reveal the company is seeing growth on the back of its new direction.

Fidelity International has set out the timetable for the proposed split of its Special Situations Fund, with voting packs scheduled to be sent out to shareholders in mid-June.