News

Old Mutual Global Investors has attracted the most retail inflows of all fund groups in the first quarter of the year, as investors flock to the group's UK star Richard Buxton.

Life insurer Friends Life has reported a "limited immediate Budget impact" on its retirement income business but said it expects annuity sales to drop by up to 70% in the medium term.

The Financial Conduct Authority (FCA) is considering ways it can make it clearer to consumers when they are buying products on a non-advised basis online, as more web-based advice solutions are developed.

Britain's economy may already be larger than it was before the financial crisis, according to a respected think tank, in a sign that the scars left by the Great Recession have finally healed.

Potential homeowners are panic buying property as supply in the market continues to fall, estate agents have warned.

Invesco Perpetual has launched a Global Distribution fund for co-heads of fixed interest Paul Causer and Paul Read (pictured).

Lawyers representing Arch Financial Products (AFP) chief executive Robin Farrell and former compliance manager Robert Addison have cited the pair's possible inexperience in running a fast-growing organisation - not a lack of integrity - for some of the...

Plans to allow the tax authority to settle unpaid demands by taking money from people's bank accounts have been criticised by a group of MPs.

Neil Woodford is to launch his long-awaited equity income fund at the start of next month with a flat fee structure that will see his firm absorb admin costs.

Prudential has become the latest life company to report severely hit annuity sales in the wake of radical reforms to how people can access their pension.