Aberdeen Investments plans to combine two of its real estate funds to create a flagship global real estate strategy with more than £700m under management.

Aberdeen Investments has joined a growing chorus of calls for investment trusts to be included in the Pension Schemes Bill.

The Aberdeen Equity Income Trust and Shires Income PLC are to combine to create an investment trust with net assets of over £300m.

Aberdeen Investments has struck a deal to take over the management of nine closed ended funds worth £1.5bn from long established US fund manager MFS.

Rachel Reeves announced a stamp duty holiday on UK initial public offerings (IPOs) in today’s Budget.

The UK economy was flat in July with the Office for National Statistics reporting zero growth in GDP month on month in July, compared to 0.4% growth in June.

Most savers and retirees should be wary of abrupt changes to their investment strategy despite global stock markets this week continuing to see-saw and millions seeing the value of their DC retirement pots fall in value.