View more on these topics

Equity fund investors stay calm

Investors in UK equity funds are remaining calm despite recent market volatility, according to research from Fidelity Investments.

The survey, carried out in September, shows that 44 per cent of IFA clients say they have not changed their view of the long-term benefits of investing in equities despite recent events in the US.

The survey of 1,000 UK adults also shows that 84 per cent of IFA clients intend to hold on to their investments despite recent market crashes compared with 73 per cent of direct investors.

Almost 19 per cent of people who had not invested in equities before said they intended to invest for the first time this tax year while 12 per cent of IFA clients said they still int-ended to invest more money this tax year.

Fidelity marketing director David Cowdell says: “The res-ults show that advisers are helping clients understand the nature of the stockmarket.”

Recommended

N2 the future

In less than two months time, the financial services industry is going to witness one of the biggest red letter days of all time.On November 30, the FSA will finally become a reality. It is a day which sees a process, that the industry, the Government and the regulator itself has been working towards finally […]

Bupa targeting IFAs with flexible protection plans

Bupa is offering a new individual range of protection products on November 12 to be distributed principally through IFAs.The flexible protection plan, unveiled at the Bank-hall convention in Monaco last week, will include inc-ome protection, term life insurance and critical-illness cover, with the option of life cover.Bupa says although it is already in the protection […]

Artemis aims to raise more VCT cash

Artemis is looking to raise an extra £20m for its AIM VCT, with the launch of a new subscription of ‘C’ class shares.Artemis launched its AIM VCT in January, raising a total of £33m in just under three months.The new subscription, which will open next month, would take the fund’s total to £53m. The minimum […]

Customer and practice

Although the UK life and pension industry has been in existence for over 200 years, there are many indicators that it is far from a mature industry.More than 100 companies trade in the life and pension market but even the biggest of these has a market share barely into double figures. Despite accelerating merger and […]

Newsletter

News and expert analysis straight to your inbox

Sign up

Comments

    Leave a comment