The Investment Association (IA) has today given the go ahead for exchange traded funds (ETFs) to be included in its 37 different sectors, concluding a consultation launched late last year.
Star fund manager Terry Smith has announced that he will “stepping back” from managing his Fundsmith Emerging Equities Trust (FEET).
The Financial Conduct Authority (FCA) and Action Fraud have issued new warnings following an uptick in cryptocurrency and foreign exchange-related fraud.
Companies around the world handed out a collective $263.3 billion in the first three months of 2019, marking a new first quarter record, according to Janus Henderson’s Global Dividend Index.
Defying concerns over a slowing global economy, headline growth for global dividend payments stood at 7.8% compared to the same quarter last year.
Thousands of grandparents who look after their grandchildren are missing out on a national insurance credit, figures from Royal London show.
Under rules launched in 2011, grandparents or other family members that provide childcare can claim national insurance credits, boosting their state pension.
Over the past year the market has increasingly cooled on Vodafone. The company has a long list of problems, including the high cost of 5G investment, being squeezed by competition on the continent and high levels of debt. The company’s share price fell by roughly 30% between April 2018 and April 2019.
A total of 31 investment trusts are currently yielding more than 4%, according to investment bank Stifel’s latest report.
The number is an increase from the 28 trusts on the list three months ago and 21 trusts on year ago. This increase in yields reflects both higher payouts from certain trusts as well as falling share prices.
Following the failure of the US and China to reach a trade deal, fear has spread throughout the markets that the trade war between the world’s two largest economies will not be coming to an end anytime soon.
Britain’s retirees are withdrawing above the suggested 4% annual withdrawal rate from their pensions, according to figures released by HMRC.
The latest figures show that the average pension withdrawal in the UK is £7,254. With the average pension pot of those entering drawdown being between £80,000 and £123,00, that puts the average withdrawal rate at between 6% and 9% per year.
For the past three years Brexit has dominated investors’ minds in the UK. However, lurking in the background has been a growing possibility that a Labour government led by Jeremy Corbyn, alongside John McDonnell as chancellor of the exchequer, could eventually be elected.