The latest research from the Association of Investment Companies, the trade body for investment trusts and investment companies, has revealed that purchases of investment companies by advisers and wealth managers on adviser platforms surged to a record level of £745m in the first nine months of 2017.

Seven Investment Management is to launch a series of regional adviser roadshows entitled: 'The Retirement Challenge', visiting 12 locations throughout the UK in January and February.

Most people severely underestimate how much they need to save for retirement, according to a new study by platform and fund manager Seven Investment Management (7IM).

Justin Urquhart Stewart, director and co-founder of investment provider 7IM, said that the UK economy was weakening and the economic cycle - and not Brexit - was the main culprit although he agreed Brexit had unnerved international investors.