Net retail sales slumped nearly 40% last year to their lowest level in three years, according the IMA's annual figures.
HM Treasury is pressuring the US government for a ‘carve out' on FATCA for low risk institutions, ahead of a draft paper due this week.
Here's a New Year puzzle for you. Fund A has annual charges of 1.5%, and in addition incurs annual trading costs in its portfolio of 0.2%. Fund B also has charges of 1.5% a year, but its trading costs are 0.4% a year. Which is better value for money?...
The Investment Management Association (IMA) has launched its fourth managed sector, Mixed Investment 0-35% Shares, after 13 funds submitted applications to join the group.
FSA rules around legacy assets are "unclear" and "incomplete" and could result in less transparency for consumers, according to the Investment Management Association (IMA).