Fixed income funds saw outflows of £356m in August, the first outflows since October 2022.

Wealth manager Killik & Co has launched an actively-managed Gilt Saver Service.

Almost half (46%) of Financial Planners have had clients withdrawing funds from their investments to cover essentials bills and address income shortfalls due to the cost of living crisis, according to a new report.

Abrdn’s financial advice business reported net outflows of £0.6bn for the first half of 2023.