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7IM warns against 'best buy' investment trusts

7IM has warned that closed-ended funds do not belong on best buy lists despite the recent suspension of the open-ended Woodford fund due to illiquidity. 

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Tracker fund sales hit all-time record of £5.7bn in Q2

Tracker fund sales reached an all-time record of £5.7bn in Q2 spurred by a shift by investors into bond funds.

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Editor’s Comment: The real threat to Financial Planning

This week one of our best read stories on Financial Planning Today website was about a firm based in the United Arab Emirates reportedly targeting UK clients by offering a Financial Planning / wealth management-style service.

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Editor’s Comment: Time to review so-called 'recommended' funds

At Financial Planning Today we receive a large number of press releases each day, sometimes 100 or more. This morning we received one about a firm recommending a fund which it described as “an attractive offering for investors.”

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