investment

People fall into one of four types of saver categories, influenced by the habits their parents taught them as children, claims new research from Scottish Widows.

The FTSE 100 closed up 14.5 points, or 0.24%, to 5,965.1, as miners dominated trading through the afternoon, keeping the FTSE out of trouble as Hanson gave back much of its earlier gains.

A shift towards defined contribution (DC) pension schemes, and the growing use of hedge funds is creating a vicious circle of short-termism which is harming the economy, claims the Trades Union Congress (TUC).

Many small investors are holding onto shares based on emotional rather than rational reasons claims Axa.

The FTSE 100 has fallen 11 points or 0.19% to close down at 5,833 after the European Central Bank signalled it may keep raising rates following today's 25bp increase, prompting concern economic growth may slow.

Advice is the key to removing the financial blindfold the majority of people are wearing over asset allocation, claims new research from Standard Life.

Over half of IFAs expect to recommend wraps to a substantial proportion of their clients, claims new research from global consulting firm, Watson Wyatt.

Firms providing investment products will be required to send clients an update on their investment portfolios at least once a year while portfolio managers will have to issue updates every six months, according to details of the EU directive governing...

The FTSE 100 came close to a fresh four and a half year high as it climbed 18.2 points, or 0.32%, to 5,722.6, but closed well off the day's best level as oil and tobacco shares fell.

Nearly one in three pension schemes have reduced their exposure to equities in the last year, according to the National Association of Pension Funds (NAPF).