Investors shun banks to go online for ISA savings
21/03/2011
New research reveals the number of investors who bought their last ISA online via a fund supermarket or broker has increased by 37% in the last year to more than one in two (51%). In contrast those buying an ISA from a bank has fallen from four in ten (42%) to just three in ten (31%). The research was carried out by online stockbroker and fund supermarket Interactive Investor (www.iii.co.uk) who will be accepting applications from investors seeking to take up their ISA allowance right up until midnight on Tuesday 5 April.
Private investors react to developing situation in Japan
16/03/2011
Mike McCudden, Head of Derivatives at Interactive Investor, said:
“Traders are taking refuge from the continuing catastrophe in Japan. As the markets try to rationalise the short to medium term impact the aftermath of the Japanese tsunami will have on global markets, Interactive Investor has seen its spread betting clients make some classic plays amidst the panic selling.
Investors desert cash in favour of self-select ISAs
15/03/2011
New research from online stockbroker and fund supermarket Interactive Investor (www.iii.co.uk) reveals that investors are increasingly looking for ways to boost their income and many are choosing the route of self-select ISAs. According to the survey, the number of people only taking out a self select ISA has gone up by over half so far this tax year, to almost one in three (31%) of all investors, with a further 44% investing in funds ISAs or a mix (Cash and Self-Select). In addition, the number of people only taking out a cash ISA this year has dropped from 37% to 25%.
ISA investors spread their wings in the search for income growth
23/02/2011
New research from online stockbroker and fund supermarket Interactive Investor (www.iii.co.uk) shows that ISA investors are looking further afield in their pursuit of high income growth. Figures reveal that nearly a quarter (24%) of investors plan to invest in new emerging markets such as Africa and Vietnam this year, a 52% increase on 2010. The research also reveals that four in ten investors (41%) expect to invest in established emerging markets in 2011 and 38% plan to invest in natural resources and commodities.
Investors cite inflation as biggest threat to wealth
16/02/2011
New research from online stockbroker and fund supermarket Interactive Investor (www.iii.co.uk) shows that ISA investors are most haunted by the spectre of inflation, with over half of investors (53%) saying that inflation is the single biggest threat to their wealth over the next 12 months. The findings come as inflation reached twice the Bank of England’s target rate this week, with the Consumer Prices Index (CPI) now at 4%.
£100 ISA transfer cashback offer extended until 31 January
17/01/2011
Online stockbroker and fund supermarket Interactive Investor (www.iii.co.uk) has extended its £100 cashback on all ISA transfers onto its platform until the end of January. Interactive Investor has seen a steep rise in the number of ISA transfers onto its trading platform during December following the success of this promotion. The cashback offer also applies to all fund and share trading account transfers.
The App-lication of finance - Launch of free Interactive Investor TV (iiTV) App
30/09/2010
The iiTV app, launched on 29 September alongside the new online TV channel (www.iii.co.uk/tv), has already been downloaded more than 4,000 times, with over 10,000 video views, and is ranked in the top ten financial iphone / ipad app downloads.
Brand new online finance TV channel from Interactive Investor
29/09/2010
A brand new online finance TV channel aimed at private investors was launched at a star studded bash at the Ivy in London last night. Guests included actress Cherie Lunghi, Sky News presenter Dermot Murnaghan and ex-Radio 1 DJ Bruno Brookes. The new service, iiTV (www.iii.co.uk/tv), is created by the UK’s leading investment website Interactive Investor and comes from the group which also publishes leading personal finance magazines Moneywise and Money Observer. The new channel is being launched in response to increased online demand for financial news, information and entertainment and to help viewers navigate the extensive archive of video content on the site.
A new adviser for the new financial world
08/09/2010
Personal finance website Interactive Investor has launched a new financial advice service, interactive financial adviser (www.ifa.net), in partnership with Cambridgeshire based IFA firm Lee Associates. The service uses the internet to make a range of educational information and video content available to site visitors and encourages users to seek advice for complex financial issues where they may not feel confident, or have the time to commit to make a decision on their own.
Private investors take profits on bank stocks – Interactive Investor comment on Lloyds Banking Group results
03/08/2010
Private investors have reacted to today’s interim results from Lloyds Banking Group by largely cashing in their stocks. Trading among private investors on the Interactive Investor (www.iii.co.uk) platform is running at 2:1 sales to buys during today (Wednesday 4 August).
Money Observer supports Telegraph fund management costs investigation and sets out agenda for change
02/08/2010
Andrew Pitts, editor of Money Observer magazine, responds to the Telegraph feature on fund charges:
“Money Observer set out these issues earlier in the year. We are glad that a national newspaper is now highlighting the rough deal for investors and bringing the high-charging culture of the UK fund management industry to a wider audience.
Investors continue to look for aggressive growth opportunities - comment on IMA fund statistics from Interactive Investor
01/08/2010
Online stockbroker and fund supermarket Interactive Investor (www.iii.co.uk) has responded to the publication today of the IMA fund statistics for June.
Fashion and The City - my-wardrobe.com and Interactive Investor TV announce partnership
14/07/2010
my-wardrobe.com, the UK's fastest growing online retailer in the accessible luxury sector, which has recently set the City talking by landing a major investment of £6m, has announced a tie-up with Interactive Investor TV and its flagship city programme, iBall. my-wardrobe.com will be the style adviser to presenter Alison Bell as she highlights a world of investment opportunities to Britain’s investing public.
Victor Lifts the Wo-Cup Amid Brutal Month of Betting
13/07/2010
The Wo-Cup (www.wo-cup.com), a unique betting game for those who either know nothing or think they know everything about football, has unveiled its winner of a holiday for four in South Africa.
Comment on IMA fund statistics from Interactive Investor
30/06/2010
Online stockbroker and fund supermarket Interactive Investor (www.iii.co.uk) has responded to the publication today of the IMA fund statistics for May.
Higher rate CGT a blow to investors – Interactive Investor on the Budget
21/06/2010
Rebecca O’Keeffe, Head of Investment at Interactive Investor, outlined her view:
“The pre-budget hints of a possible rise in capital gains tax to 40 percent certainly softened the blow when it came. The actual 28 percent for higher rate taxpayers, by contrast, looks like restraint from George Osborne, as is the confirmation that the £10,100 annual exempt allowance remains. But restraint or not, have no doubts that for investors this represents a significant threat to their savings and investments. With the wealth of the nation having been battered by a financial crisis, UK investors now walk straight on to a hike in taxation which could seriously damage their overall returns and with it their plans for the future.
Win a holiday in South Africa with Interactive Investor’s free to play World Cup game with a financial twist
09/06/2010
The Wo-Cup (www.wo-cup.com), launched today, is a unique betting game for those who either know nothing or think they know everything about football. Players can test their skills for free in a bid to win a holiday for four in South Africa.
Comment on IMA fund statistics from Interactive Investor
06/06/2010
Online stockbroker and fund supermarket Interactive Investor (www.iii.co.uk) has responded to the publication today of the IMA figures for the fund management industry for April.
£100 cashback ISA transfer offer from Interactive Investor
23/05/2010
Online stockbroker and fund supermarket Interactive Investor (www.iii.co.uk) is now offering up to £100 cashback on all ISA transfers onto its platform until the end of September 2010.
SharePrice offers new smartphone security option
19/05/2010
Leading UK online investment website Interactive Investor (www.iii.co.uk) today launched an optional extra layer of security using strong two-factor authentication for users of its SharePrice (www.shareprice.co.uk) service as part of a trial before possible roll out across the group.