View more on these topics

Scot Wids tops Isa sales table

Scottish Widows is the UK&#39s biggest Isa provider, with Fidelity in second place and Jupiter third, according to figures published by Autif for the first time.

Scottish Widows Isa sales stand at £2.2bn since Isas replaced Peps two years ago, of which £1.6bn were raised through its unit trust managers. Fidelity Isa sales stood at £1.6bn while Jupiter sales totalled £1.2bn over the same period.

Autif says the entire Isa market is worth £21.5bn, giving Scottish Widows a 10 per cent market share.

Recommended

Frank Russells up hedge fund

Sophisticated high-net worth clients are being targeted by the Frank Russell Company to invest in the alternative strategies fund.This offshore open-ended investment company (Oeic) aims to produce returns of between 10 and 15 per cent a year. It invests in hedge fund strategies such as event driven, market neutral arbitrage and long and short selling. […]

Skandia, Hargreaves Lansdown take stake in EMX

Skandia and Hargreaves Lansdown have joined the likes of Fidelity and M&G in taking a stake in the fund trading and messaging platform EMX.The eight shareholders – which also include Threadneedle, Invesco Perpetual, Standard Life and Lloyds TSB – have also all committed to an extra£8.5m of funding for the platform, taking the total amount […]

Flood of IFA complaints at Cofunds admin errors

IFA fund supermarket Cofunds has had a barrage of complaints after a chain of recent admin blunders have left IFAs misinformed and out of pocket.The platform, launched in January, has more than 1,500 registered IFA users and has taken more than£100m in Isa business.Cofunds says the very high levels of business taken this Isa season […]

Standard & Poor&#39s Micropal Top 10s

Lazard European smaller companies is a new entry to the top 10 unit trusts, returning 20.41 per cent over the past year. The fund is head and shoulders above its sector peers over the year, with a return more than 40 per cent greater than the second-placed fund run by Colonial First State Investments. European […]

Newsletter

News and expert analysis straight to your inbox

Sign up

Comments

    Leave a comment

    Close

    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

    Email: customerservices@moneymarketing.com