investment

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).

Abbey Financial Markets and Capita Financial Managers have launched the UK's first open-ended residential property derivatives investment fund.

Scottish Life is to improve its range of external fund links to give intermediaries access to funds that are more likely to meet their client's needs, by providing a 'fund matrix'.

The FTSE 100 is starting the new year well with a rise of 51.5 points, or 0.92%, to 5,670.3, as natural resources stocks such as BP have started strongly as the gas supply dispute between Russia and Ukraine drives fuel prices higher.

The FTSE 100 has topped 5,600 for the first time since August 2001. The index is currently up 3.9 points, or 0.07%, to 5,600.9, led higher by drugmaker AstraZeneca after it said it was buying a cancer specialist firm to boost its drug pipeline.

The FTSE 100 is up 5.5 points, or 0.1%, to 5,592.9, supported by gains in leisure firm Hilton after it confirmed that bidders were interested in buying its Ladbrokes gambling arm.