A summer glow came to an end in September, as net retails sales of investment funds saw outflows of £3.4 billion, according to data published by the Investment Association (IA) today. Following positive net flows in July and August (£1.4 billion and £806 million), September took Q3 net retail sales to a £1.2 billion outflow, which contrasts with the £4.4 billion inflows recorded in the previous quarter.
International regulatory coordination, boosting the UK fintech ecosystem and investing in skills and talent, form some of the key recommendations from the final report from the Technology Working Group on future AI use in the investment management industry. The industry-led Technology Working Group was established to identify how the UK investment management industry could harness the potential of innovative new technologies.
The Investment Association (IA) has today published its updated ‘Principles of Remuneration’ which outlines IA member views on the commonly accepted approach to executive pay for the majority of companies.
Investors have today outlined a series of recommendations to ensure that reforms undertaken as part of the Government’s Pension Review both deliver better retirement outcomes for the millions of UK pension scheme members and support economic growth.
Net retail sales of investment funds remained positive for the third consecutive month, totalling £804 million in August, according to data published by the Investment Association (IA) today.
Four new directors have been appointed to the Investment Association (IA) Board of Directors following its Annual General Meeting (AGM) this afternoon. The Board of Directors oversees the IA’s activity and is made up of senior leaders from across the industry.
Investors are urging the Chancellor to deliver a budget on the 30th of October that creates a culture of inclusive investment to drive growth for the UK economy and boost households' financial security.
Our key purpose is to make investment better for savers and investors, for companies and their employees, and for the economy. That way, everyone prospers.