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.
The UK commercial property is no longer leading the market in Europe, while rising bond yields mean high returns will no longer be globally sustainable in the long-term, claims the Royal Institution of Chartered Surveyors (RICS).
The cost of moving house for the average home owner has risen more slowly than the increase in house prices since 2000, according to the Woolwich.