Technology

Cofunds has dropped its annual £40 fixed platform charge for all its clients on its explicit pricing model.

Intrinsic is to bring to an end Positive Solutions advisers' use of software True Potential and migrate all advisers over to alternative software provider Avelo.

Allfunds Bank has poached another Cofunds director, Bradley Lewis, to spearhead its expansion into the UK market.

Charles Stanley Direct has criticised Hargreaves Lansdown over the cost of its platform transfer charges after the country's biggest D2C platform delayed its shift to a new pricing structure.

Old Mutual Wealth has named Peter Mann as vice chairman and Steven Levin as global head of distribution.

SOCIAL MEDIA

"I've been drinking a lot of honey and lemon - I'm going to be doing a lot of talking." Wealth managers don't come off well in this marketing video produced by London-based financial planners Yellowtail.

Transact has said it will scrap the initial establishment fees on its investment bonds.

Hargreaves Lansdown has pushed back the launch of its new pricing structure - which includes the switch to super clean pricing on funds - after claiming it is under "no pressure" from rivals to act first.

A new execution-only platform has entered the market allowing DIY investors to manage their portfolios in one place.