Ruth Emery

The board of the Schroder UK Growth investment trust has appointed Julie Dean as its new manager, replacing Richard Buxton who is joining Old Mutual Global Investors in June.

UK inflation will remain higher than the Bank of England’s 2 per cent target until at least 2015, according to a study that highlights the effect of a slowdown in global imports.

Millions of people saving into company pension schemes will have their benefits transferred automatically when they change jobs, under new proposals unveiled this week.

A few months ago something wonderful happened. Financial education was finally added to the curriculum.

The price of gold has plunged to below $1,400 per ounce, a level not seen since February 2011, as traders become bearish and worries about Cyprus selling off its reserves intensify.

US investment provider First Trust Advisors has listed its first exchange traded funds in London.

Investors are being urged to avoid using ‘expensive and unnecessary’ claims companies when seeking compensation for mis-sold shares.

The decision to tax rebates that investors receive from their funds will lead to a ‘major shake-up’ in the way platforms charge their customers, as they switch to lower-cost ‘clean’ versions of funds instead.

Schroders has agreed a deal to acquire Cazenove Capital for £424 million.