Fiona Murphy asks advisers and providers about the ‘unintended' consequences of RDR and how issues around suitability and provider systems are driving the market.
Platforms will need to have at least £40bn in assets under management to survive the margin squeeze caused by new regulations, research by Deloitte has claimed.
Financial adviser support group SimplyBiz has reported a pre-tax profit of £3m for the year ending 31 December 2012, up 15% on the £2.5m figure recorded for 2011.
Liontrust chief executive John Ions has said the group "does not see the need" to offer multiple share classes to different distributors in order to stay competitive.
The Financial Conduct Authority (FCA) has asked Hargreaves Lansdown to disclose details of its negotiations with fund groups over clean share class pricing.
Some of the UK's largest fund houses are considering launching retail share classes with a 0% AMC rather than provide platforms with ‘super clean' alternatives.