Income investors who have built up savings in cash ISAs over the past decade may wish to consider rolling some of their holdings into Stocks & Shares ISAs, says Fidelity International.
The Government has today launched a consultation document outlining its proposals for dealing with dormant bank account assets, which include investing in projects to benefit society.
Canada Life is launching two funds focusing in gilts and bonds, and cash-based investments.
Concerned consumers are scrutinising their investment portfolios to eke out the most from their savings in the credit squeeze, fuelling the need for adviser advice, according to AXA.
Cash proved to be the most popular safe haven from the freefalling markets this year, with two cash vehicles among the top five highest selling investments on Fidelity FundsNetwork in 2008.
Until recently the consensus view in the retail press and amongst many of the investing public was that cash, and only cash, constituted low risk investment.
The value of defined contribution (DC) pensions has dived £157bn over the past year, according to research from Aon Consulting.
Standard Life has launched a search to track down 200,000 people entitled to a slice of £184m in unclaimed shares and cash from its demutualisation.
High-profile adviser Ian Lowes has hit out at the excessive use of cash as a current investment safe-haven, labelling the popular recent trend as "ridiculous".
Advisers are increasingly telling clients to invest in cash and bonds as stock market volatility continues, according to Virgin Money.