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Survey says most Isa investors want long-term growth

Isa investors are looking for long-term growth rather than short-term

gains, according to a survey by IFA Network.

Almost one in four people said they held an Isa to build up capital while

the second most popular use was to help with retirement planning.

The survey also dispels the myth that most people are still confused by

Isas. More than 70 per cent of people said they understood the product.

The survey polled more than 1,000 people across the UK and also asked

about investors&#39 new tax year resolutions.

Almost one in three said they wanted to save more money this year, with

more than half of the 16-24-year-old age range saying that this was their

main resolution.

IFA Network believes that investors are taking more of a long-term

approach to saving as a result of the technology stock crash.

It says market volatility has also highlighted the importance of seeking

independent financial advice.

IFA Network sales and marketing director Nick Kelly said: “The news is

encouraging for IFAs aspeople need advice about which investment products

are right for them for whatever reason they chose to make the investment.

“There are gains to be made in the short term but, to reduce risk and for

greater capital growth, we advise customers to leave their investment in

place for at least five years.”


Exam revamp could raise FPC standard

A major shake-up of IFA exams could see FPC status become more difficult to obtain.Raising the standard for the Financial Planning Certificate is one of theoptions being considered by the FSA and CII in a revamp of the system. Theyare also looking at the possible introduction of an exam between FPC andAFPC or breaking AFPC […]

Bank rates on hold again

Interest rates will remain on hold at six per cent for the fourth consecutive month. The Bank of England&#39s Monetary Policy Committee has decided to keep the base rate unchanged at their monthly meeting this week. The move has been greeted with acclaim by the business community. Last month, the decision to maintain the status […]

Solo record set by Arctic balloonist

The Britannic Challenge balloon has successfully landed after arecord-breaking journey, making David Hempleman-Adams the first man to flysolo from Spitsbergen to the North Pole and back.In the early hours of Saturday morning, the balloon began its descent overSpitsbergen. It was a difficult landing, with the balloon draggingHempleman-Adams along the ground and the basket filling with […]

Fidelity is taking fund supermart on the road

Fidelity unveils its fund supermarket FundsNetwork this week with a seriesof roadshows and a £2m advertising campaign.It is running a national poster campaign with extensive trade and nationalpress advertising.Over 3,000 IFAs are expected to attend the seven roadshows which are beingheld across the UK.IFAs will be given the chance to see the site in action […]

Rayner Spencer Mills: Why we rate the Artemis Global Growth Fund

Ken Rayner and Graham O’Neill from RSM explain why they rate the fund, its investment process and how it can be used in a portfolio. The Artemis Global Growth Fund became a RSM ‘rated’ fund earlier this year. In this video, Ken Rayner and Graham O’Neill explain the fund’s investment approach, why they rate it, […]


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