The first half of 2021 saw total net retail fund sales of £24bn, the highest level of half-year sales since 2017.

The Investment Association, the fund managers’ trade body, has urged the Government to include online investment scams in its new Online Harms Bill.

Total investments managed in the UK grew by 10% during 2019 and were near to pre-pandemic levels by the summer, according to new data from the fund managers’ body the Investment Association.

After record outflows of £10bn in March, UK savers pumped £4bn back into retail funds in April, according to figures from the Investment Association published today.