Technology
Wrap/platforms
Hargreaves Lansdown will not announce the funds on its revamped Wealth 150 list until 1 March - but said it has secured annual management charges (AMCs) as low as 30bps for some active equity funds.
15 January 2014
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Wrap/platforms
Discount broker Clubfinance is replacing the tiered annual fee structure on its investment platform with a flat rate of 0.24%.
15 January 2014
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RDR
Hargreaves Lansdown's unbundled price structure will see it charge an annual fee of 0.45% for sub-£250k clients, with the group having also negotiated an average AMC for new 'Wealth 150+' funds of just 0.54%.
15 January 2014
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Investment
Morgan Stanley has upped its price target on Hargreaves Lansdown by 50% just 24 hours before the platform reveals its new fee structure, after the bank's analysis suggested consumers are prepared to pay more for advice and platforms than previously anticipated....
14 January 2014
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Wrap/platforms
Nucleus is considering launching a direct-to-consumer (D2C) platform in an effort to better serve the 6,000 orphaned clients it currently redirects to Hargreaves Lansdown each year.
14 January 2014
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Wrap/platforms
Transact has said it will halve both its buy commission and dealing charges from 1 March.
13 January 2014
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RDR
Few advisers have lost clients as a result of changes to how they are paid, according to a survey suggesting a happier intermediary sector than this time a year ago.
13 January 2014
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Investment
J.P. Morgan Asset Management (JPMAM) is to discontinue third party funds on its Wealth Manager Plus direct to consumer (D2C) platform.
10 January 2014
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