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Autif says last quarter of last Pep season off to &#39flying start&#39

The Association of Unit Trusts and Investment Funds says that the final quarter of the last ever Pep season has got off to a flying start.

Total gross Pep sales are up 14 per cent up to £302.9m in January from £266.5m for last year.

Pep sales through intermediaries make up 33 per cent of sales in January up from 27 per cent on the previous year.

These figures bring the total Pep funds under management to just under £50bn.


AITC predicting boom for fund managers

Government plans for a life-long individual savings account could herald a boom for UK fund managers, according to the Association Investment Trust Companies.The AITC believes that the new schemes, dubbed the Lisa, could boost UK funds in the same way as US 401k plans, which have a similar design, boosted US mutual funds.AITC technical director […]

FSTC launches Isa training for IFAs

The Financial Services Training College is launching a ISA training course for IFAs.The new course, which is only the second in the country, meets the heavy demand for training on ISA investments. IFAs can chose between a one day or weekend training course followed by a one-hour multiple choice exam at the FSTC training centre […]


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