Stocks in UK unit trusts and Open-Ended Investment Companies (OEICs) are typically held for just less than two years, according to Lipper.
Data from the financial research organisation shows the average annual portfolio turnover for actively managed equity funds is 56.6%. This indicates how actively each fund is managed, according to Lipper, by measuring the level […]

If they had the money, 24% of people would switch to a private banking service according to recent research from private bank Cater Allen.
Despite this interest in such services, however, UK adults believe they need a minimum of £451,900 on average to become a private bank customer. More than 16% of people thought in excess […]

An estimated one-in-10 people think their money would be safer under the mattress than in a bank or building society, according to Newcastle Building Society.
Research from Newcastle found that confidence in banks has declined by 5% over the past year, with less than a quarter of savers considering them the safest place to invest […]

Savers opening high-interest accounts should bear in mind that any offer could be subject to a poorer value product being opened at the same time, according to Moneysupermarket.
Kevin Mountford, head of savings at Moneysupermarket, said the number of linked savings accounts currently on the market is greater than ever. They tend to offer a market-leading account on […]

Emerging markets are the underlying investment area to which people looking for protected investments are most eager to gain exposure, according to Barclays Wealth.
Research from Barclays found that emerging markets won a 17.3% share of protected-investment buyers’ overall vote for areas , with the more established areas of Europe (16%), UK equities (14.1%) and property (16.6%) falling […]

Technological advances will significantly increase the number of people’s secret finances in the next fifty years, according to National Savings and Investments (NS&I).
Research from NS&I found that as a result of predicted developments in remote and mobile banking methods, people will be increasingly able to keep their savings and spending habits from their partners, […]

Adult children have given an average of £6,500 to their parents since they turned 18, collectively amounting to £11bn, according to Scottish Widows.
Research from Scottish Widows found that more than one in 10 people have given their parents financial assistance five times or more during their adult life. Of those parents who have borrowed […]

Direct Debits may have made it easier to organise your finances, but there is still a risk of incorrect billing. Barney McCarthy reports
It is easy to take Direct Debit for granted. Three quarters of Brits have at least one Direct Debit commitment and most of us have many more. Mobile phone bills, utility expenses, […]