News

Three British men who ran an international organised crime gang that conned UK investors out of £80m have been jailed for a total of 43 years by a US judge.

M&G Investments' Alex Odd (pictured) has left the firm, handing his underperforming £1.4bn M&G Dividend fund to Phil Cliff amid a re-shuffle of the group's equity desk.

Top performing small-cap manager Giles Hargreave has stepped down from his co-manager role on the £90m Marlborough UK Leading Companies, handing the mandate to Richard Hallett.

Access to professional advice is "crucial" for people planning their retirement, given the current state of the state pension and long-term care system, delegates heard.

Standard Life Investments (SLI) is reviewing its remuneration policy after Euan Munro became the latest star name to announce his departure from the firm last week.

More than half (53%) of the public believe auto-enrolment (AE) will ensure better security in retirement for younger generations, according to research from Now Pensions.

Asset managers are entering an era of fund rationalisation as cost pressures mark the beginning of the end for oversized product ranges, according to Threadneedle's Nick Ring.

The UK needs about 5,000 extra financial advisers to cope with the rising demand for retirement advice, research from Standard Life concludes.

One in five consumers will seek out first time advice in order to prepare for retirement, according to Axa Wealth.

National Savings & Investments (NS&I) is cutting the Premium Bond prize fund rate to 1.3% from next month to reflect lower interest rates across the savings market.