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£24.3bn pulled from funds by retail investors in 2023

UK retail savers took £24.3bn out of investment funds in 2023, according to the latest data from the Investment Association.

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Parmenion adds MPS ranges from 3 asset managers

Adviser platform Parmenion has added model portfolio ranges from Hymans Robertson Investment Services (HRIS), Pacific Asset Management (PAM) and Albemarle Street Partners (ASPIM).

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Schroders adds renewable energy long-term fund

Fund manager Schroders has launched the UK’s first long-term asset fund (LTAF) dedicated to renewable energy and energy transition infrastructure.

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Pensions peak at age 50 and ISAs at 70

The total value of people’s pensions peaks in their 50s while their ISAs peak in their 70s, according to new data published to coincide with Financial Planning Week.

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