Calls for new body to hold directors to account

The Government should create a new, single authority with the power to punish negligent directors, according to the Investment Association.

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ISA sales see £23m rise year on year in March

A total of £620m was invested in ISAs during March as the final rush to invest in the 2017/18 tax year got under way, the Investment Association has reported.

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Woodford fund pushed out of UK Equity Income sector

The Woodford Equity Income Fund has been ejected from the Investment Association’s Equity Income sector.

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Investment Association urges early review of KID

The Investment Association, the fund managers’ trade body, is calling for an early review of the Key Information document (KID) following the FCA’s statement yesterday about product performance scenarios.

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