Sophisticated fraudsters have ratcheted up their operations to target retail investors, as incidents of large-scale investment scams nearly quadrupled since July, new data published today by the Investment Association reveals.

The HM Treasury-led Asset Management Taskforce has today outlined a series of twenty recommendations to place stewardship at the heart of an agenda to ‘build back better’ post-coronavirus.

Investors will be clamping down further on executive pension perks in a move to promote fairness and good employee relations, the Investment Association's (IA) updated annual pay guidelines for companies today reveals.

The IA’s Climate Change Position Paper, published in full today, represents the stance of the UK’s £8.5 trillion investment management industry and reflects the importance with which the industry views climate change.

“This is welcome news from the Chancellor. Financial services will be critical in driving the economy to net zero, and the launch of the UK’s first Sovereign Green Bond, combined with plans to make TCFD disclosure mandatory by 2025, are important and ambitious steps as we seek to build a more resilient and sustainable financial system."

UK savers put £5.3 billion into retail funds in Q3 2020, more than three times the net retail sales of Q3 2019 (£1.2bn), according to latest figures published today by the Investment Association (IA).

Marie Dzanis, Head of Europe, Middle East and Africa (EMEA) at Northern Trust Asset Management has today been appointed to the Investment Association’s Board of Directors.

The Investment Association (IA) has today opened applications as it seeks its fourth cohort of cutting-edge FinTech innovators for Engine, the IA’s specialist FinTech accelerator and innovation hub for the investment management industry.

Significant progress has been made on bringing executive pension contributions in line with those received by the majority of the workforce, following calls from shareholders for this alignment as an issue of fairness and to foster good employee relations.

Investment managers should come together to provide high-quality work placements for 16-24-year olds on Universal Credit, Investment20/20 said today as it announced a new initiative in support of the Government’s £2bn Kickstart scheme.