This will be the ‘year of the exchange-traded fund’ (ETF), according to provider, SPA ETF.
Thanks to many more ETF launches in 2008, providers will take a substantial amount of business from traditional fund managers, according to Daniel Freedman, director pf SPA ETF.
In 2007, there were 100 ETF launches across Europe and there are now more […]

Investment funds and ISA funds under management both saw a monthly and an annual increase in December 2007, the latest figures from the Investment Management Association (IMA) have shown.
Investment funds under management of £468bn in December saw a 1% increase from November and a 14% increase from December 2006. This was in addition to a […]

Almost two thirds of holidaymakers purchase travel insurance at the last minute, research from price comparison site Moneysupermarket has shown.
The website found 63% of holidaymakers take out travel insurance less than two weeks before they go away, with nearly half (47%) waiting until the last week before they go to take out cover. Such people […]

The average traveller’s backpack is worth approximately £450, according to research from AA Travel Insurance.
The bulk of the value comes from gadgets used to keep in touch with friends and family and record the trip. Of those backpackers surveyed by AA Travel Insurance, 73% said a mobile phone was an essential item and 72% said […]

The highs and lows seen in the financial markets this week may be good for the property market, according to Andy Cuthbert, managing director of Dot financial services.
Over the past week, the FTSE 100 fell to its lowest level since June 2006 only to subsequently record its best daily performance in five years. This week […]

Brits have increased their savings by 31% since 2000, despite talk of soaring consumer debt, according to NS&I.
The Century of Saving report also predicts that the savings ratio will rise significantly in the years ahead, though it could be 50 years before the majority of Brits become regular savers.
The report, which reviews the past 50 […]

Consumers with massive credit card bills could save more than £300 by switching their credit card providers, price comparison site Moneyfacts has said.
Research carried out by Moneyfacts showed someone with a Smile standard rate credit card at 18.9% APR and a balance of £2,500, could save £325.24 by switching to Abbey. This card currently charges […]

More than 1.8 million savers are missing out on the benefits of long-term pensions investment by risking their retirement on the stock market, research by Lincoln Financial Group shows.
They are putting money directly into shares and unit trusts, or investing via ISAs and PEPs to fund their retirement instead of saving into a recognised pension […]