It was not just UK-based investment sales which suffered in the last year, according to the latest AILO sales figures, as offshore life sales were down almost a fifth on the previous year.
Research by JPMorgan Fleming suggests a third of UK investors never bother to switch out of poorly performing funds, with up to a fifth of those surveyed saying it was because they took a long-term view.
Pensioners still risk breaking pensions legislation if they decide to invest their pension pots into residential property, once simplification rules come into force in April 2006, warns a pension expert.
Investment advisers will be required to demonstrate they can understand, interpret and apply their knowledge of the financial regulatory system, as well as investments, retirement planning and protection under proposals for financial advice examination...
Martin Cobb, manager of the Franklin Templeton Investments UK Equity fund is this afternoon waiting final approaval of the OEIC before hitting the button to start trading.
Most young people believe investments and pensions are not relevant to their own financial position, and are instead aimed at "older people" according to research conducted by the FSA.
Abbey for Intermediaries is adding funds to its Complete Retirement Package (CRP) following similar additions to its Flexible Investment Bond last week.
Norwich Union has introduced a five-year money-back guarantee on all new with-profit fund investments in its portfolio investment bond, hoping to tap into more risk-averse investors.