News

Baby boomers, who will own almost 75% of retail assets in five years, are looking for safe retirement solutions rather than ‘market leading' products, according to a report released today.

Aviva has introduced the option to add an on-going adviser charge to its new and existing investment bond contracts.

Royal London is to launch a direct to consumer proposition next year, comprising 'basic' savings and protection products that do not require advice.

Friends Life is calling on the pensions industry to take action against scheme 'liberation' companies after reporting a marked increase in the activity.

Star fund manager Anthony Bolton is to retire from portfolio management next year, Fidelity has announced, with Dale Nicholls set to take over the reins at the group's China Special Situations investment trust.

Some of the UK's largest fund houses are considering launching retail share classes with a 0% AMC rather than provide platforms with ‘super clean' alternatives.

The value of funds administered in Jersey has increased to its highest level for four years, surpassing the £200bn barrier for the first time since March 2009, reports Jersey Finance.

Invesco Perpetual's Neil Woodford has been awarded a CBE in the Queen's Birthday Honours List.

Legal & General (L&G) is to make its unit trust business part of Legal & General Investment Management (LGIM) as the group undergoes a restructure.

Standard Life is considering the introduction of a self-serve proposition aimed at capturing the opportunities presented by auto-enrolment.