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Top 10 most popular investment trusts – October 2019

Woodford Patient Capital has returned to the rankings after its new manager was announced. 

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Calls for banks’ voluntary scams code to be made compulsory

A report from the Treasury Select Committee says that banks should consider retroactively reimbursing victims of push payment fraud.

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US market hitting new highs – how long can it last?

Despite concerns about slower global growth, the US market has enjoyed an outstanding week.

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Self-assessment: these common mistakes could cost you dear

As HMRC warns against leaving your tax return until the last few weeks before the 31 January deadline, here are five self-assessment slip-ups to avoid.

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Overtaxed retirees reclaim £3,000 each

A record £54 million has been claimed from HMRC in the three months to September after pensioners were overcharged on their withdrawals.

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Pension tax pain causing doctors to hang up their stethoscopes early

Doctors are retiring early so that they can avoid costly pension tax bills, according to a survey.

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Savers on track for only a ‘minimum’ level of retirement income

To enjoy a “moderate” retirement, a UK worker would have to save around £800 a month throughout their working life.

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Government told to top up pensions of women who take care of kids or relations

The state should contribute towards the pensions of women who stop work to care for children or relations, says a think tank.

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FCA: retail and institutional investors may need to be in different funds

The chief executive of the City regulator said that mixing small and large investors in the same funds raises several risks, as demonstrated by the implosion of Neil Woodfords flagsh

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Lindsell Train UK Equity sees investors head for the exit

The fund, managed by Nick Train, saw net withdrawals totalling £374 million.

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The active funds with strong performance and low fees

Chelsea Financial Services has compiled data ranking active funds based on a combination of performance and low charges.

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Investment trust tips: JPMorgan Asian replaces Schroder Asia Pacific

In our update for the third quarter of 2019, we explain the change to our adventurous trust tips line-up.

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