Over 8 in 10 (86%) investors hit by the suspension of the Woodford Equity Income fund in June 2019 suffered a 'negative impact' to their finances, according to the Association of Investment Companies.

Purchases of investment companies on adviser platforms reached a new quarterly high of £368m in the first quarter of the year, according to a new report.

The Association of Investment Companies (AIC) is creating three new investment company sectors as part of a sector reshuffle.

There is no overall consensus between Financial Planners on the best strategy to secure clients an income in retirement, according to new research.