View more on these topics

Autif shows unit trust habit spreading to women and lower income groups

Unit trust investors increasingly come from all income groups with rising numbers of women investing, according to research by the Association of Unit Trusts and Investment Funds.

The research also shows an increase in retention rates to an average 8.1 years with four out of ten investors looking to invest for more than ten years.

The percentage of women investing has increased to 32 per cent from 23 per cent in the last four years.

Autif director general Philip Warland says: &#34In ten years, savings through Peps has reached all parts of the population. It has brought with it the concept of equity investment, combining a long-term view with an understanding that investors must not put all their eggs in one basket.&#34

The research, now in its fifth year, was based on a sample of 604 users of Autif&#39s unit trust information service.


Equitable Life announces CAT standard ISA plans

Equitable Life has announced plans to launch a Cat-marked equity tracker ISA in April.The maxi ISA will allow up to £7,000 to be invested in the Equitable UK All-Share Index Tracking Trust.It will have no initial charges and an annual charge of 1 per cent per annum.Managing director Alan Nash says: &#34With our low costs […]

R&SA warns of budget threat to potentially tax exempt transfers

Royal & SunAlliance is warning that the Government may close in on potentially tax exempt transfers in next month&#39s budget.The life office says that &#34all the indications are that key officials are now working on inheritance tax issues&#34.R&SA technical services consultant Brendan Harper says: &#34There is an extremely strong likelihood that the Government will abolish […]

Norwich and Peterborough appoints national sales manager

Norwich and Peterborough Building Society has appointed Andy Martin to the newly created role of national sales manager.Martin joined the lender as a trainee manager in 1985 before becoming area business manager for Greater Peterborough in 1997.Head of mortgage sales Nigel Smith says: &#34This new job is certainly one that Andy with his considerable experience […]

Pointon York appoints pensions specialist to board

Pension specialist Pointon York has appointed Ian Martin as non-executive chairman.Forty-six-year-old Martin has held a number of non-executive positions including five years with the Securities and Futures Authority. Pointon York chief executive Geoffrey Pointon says: &#34He brings to the board a wealth of experience, particularly in the areas of banking and finance, at a time […]


News and expert analysis straight to your inbox

Sign up


    Leave a comment


    Why register with Money Marketing ?

    Providing trusted insight for professional advisers.  Since 1985 Money Marketing has helped promote and analyse the financial adviser community in the UK and continues to be the trusted industry brand for independent insight and advice.

    News & analysis delivered directly to your inbox
    Register today to receive our range of news alerts including daily and weekly briefings

    Money Marketing Events
    Be the first to hear about our industry leading conferences, awards, roundtables and more.

    Research and insight
    Take part in and see the results of Money Marketing's flagship investigations into industry trends.

    Have your say
    Only registered users can post comments. As the voice of the adviser community, our content generates robust debate. Sign up today and make your voice heard.

    Register now

    Having problems?

    Contact us on +44 (0)20 7292 3712

    Lines are open Monday to Friday 9:00am -5.00pm