View more on these topics

Investor confidence up in May, IMA stats

Investor confidence turned positive last month up 35 points since last November, according to statistics from the Investment Management Association.

In May the IMA GB investor confidence index reached 106 on a scale of 0 – 200, 100 being neutral.

Meanwhile the IMA GB investor intentions index was 99 on a scale of 0 – 200, 100 being neutral up 10 points over the last six months.

The IMA says the YouGov cross-section of 4,396 investors shows investors on the whole are neutral about putting money into new investments.

IMA chief executive Richard Saunders says: “These findings suggest that investors are feeling more optimistic about the investment market than they did six months ago although they are still cautious about re-entering it.

“This improved mood is consistent with IMA sales statistics which show modest net retail inflows into equity funds over the last two months, but much healthier ones into corporate bond funds over the last six months.”


Myners hits out at EC proposals

City minister Lord Myners has hit out at the European Commission’s proposals for financial regulation, over concerns they will take control away from the UK’s national supervisors.

HSBC to close HFC Bank

HSBC has revealed that it will be shutting down its sub-prime high street lender, Beneficial Financial.


Guide: day-to-day tasks ​— can your system manage?

This guide from Johnson Fleming will take you through the required communication and also give ideas for additional actions that will ensure your auto-enrolment project is a success. As well as highlighting what is required from a system to ensure it is up to the tasks, an overview of the following is also provided: data validation; data categorisation; employee communication; opt-in process; opt-out process; produce contribution schedule; contribution reconciliation process; upload of member data to pension provider; upload contribution to pension provider; manage salary sacrifice process; enrolment process; re-enrolment process; and management of increased employee queries.


News and expert analysis straight to your inbox

Sign up


    Leave a comment