News

Neil Woodford's Invesco Perpetual High Income fund has become the first UK unit trust to break through the historic £10bn of assets under management milestone.

The Pension Protection Fund has recorded a £400m surplus, compared with a £1.2bn deficit the year before.

Laurent Kssis at LaBranche Structured Products Europe (LSPE) discusses weekly European ETF trades.

Standard Life has bowed to adviser feedback and scrapped plans for a £750 charge to clients who transfer out of its SIPP within a year of the plan being set up.

Individuals paid £1bn less into personal pensions over 2009/10 than the previous year, according to HMRC figures.

The US economy grew at a 2% annual rate in the third quarter, faster than in the previous three months.

Independent financial research company Defaqto has published an Income Protection review aiming to help advisers deliver customer-centred advice on income protection.

Lighthouse Group is preparing to launch an online and over-the-phone simplified advice service for members of its 100-plus affinity partnerships, but needs the FSA to first clarify its rules.

Outspoken fund manager Hugh Hendry was once again at his controversial best on BBC's Question Time last night, discussing everything from the economy to secret intelligence.

US-based active ETF provider AdvisorShares is set to launch the Peritus High Yield fund on NYSE Arca at the beginning of December.