UK - ISIS Asset Management's maximum income bond fund has been awarded an A-rating by Standard & Poor's.
The fund – launched in November 2000 – invests in high yielding global fixed interest securities. Its gross income yield is 9.01% to date.
Isis head of credit James Foster said the fund had benefited from the integration of fixed interest teams of Royal & SunAlliance Investments and Friends Ivory & Sime.
Savers are being warned by the Insolvency Service to guard their pension pots from investment scammers and negligent trustees as it winds up 24 companies.
Respondents say they should only be required in certain situations as the system is not broken.
Smart Pension has absorbed more than 6,500 members from the Corporate Pensions Trust (CPT) after its trustees decided not to apply for authorisation.