'There could be disasters in the D2C space'
ITs in 2014: Narrowing discounts and an income focus
Andy Pomfret, former chief executive of Rathbones, has joined the board of Interactive Investor as a non-executive director.
Alliance Trust has overhauled its equity team, with the loss of five roles expected to save £2m a year.
Retail sales at AXA Wealth were up 3% to £2.5bn in the third quarter, with funds under management hitting £27bn, while the group's platform saw assets grow by over a quarter year-on-year.
What benefits do investment trusts offer investors that ETFs do not?
Investors using direct to consumer platforms are now among the largest shareholders in investment trusts, as a post-RDR revival for the sector gets underway.
The retirement guidance guarantee will not be delivered by the Money Advice Service (MAS), the Treasury has said, in a reversal of the government's previous announcement.