Hargreaves Lansdown is in talks with a number of fund groups to secure exclusive deals to sell their passive products at discounted prices.
Insurer Zurich UK has pledged to continue to support advisers and says it has no existing plans to build a direct-to-consumer (D2C) offering, as the company announced mixed results for the first half of the year.
The percentage of advisers switching platforms increased from 21% to 29% over the past 12 months, according to data from to independent financial research company Defaqto.
Standard Life aims to convert all investments currently held in bundled share classes on the platform to their unbundled ‘clean' equivalents by the end of the year, it announced today.
Platform providers who are overcharging for propositions are finding the "the noose is tightening" around them, according to a new pricing guide.
Fidelity is to cut the annual management charge on its range of 15 multi-asset funds for advisers investing through its FundsNetwork platform, after the Financial Conduct Authority banned a cross-subsidy deal.
Axa Wealth's total sales increased by 68% over the first six months of the year, while the firm saw strong growth in assets on the Elevate platform and specialist multi-manager business Architas.
The Financial Conduct Authority (FCA) has agreed to issue further guidance on the treatment of legacy cash rebates as part of its next quarterly consultation paper.
Cofunds head of fund group relations Michelle Woodburn is stepping down from the role after six years with the platform.