Technology

Customer use of mass market advice services remains limited and there is no one 'killer app' for mass market advice, according to a leading research company.

Mike Kellard, chief executive officer at AXA Wealth, explains why the Financial Conduct Authority's (FCA) much awaited platform paper was a bit like his son's football match.

Standard Life has added a new withdrawal capability to its wrap, allowing advisers to maximise tax efficiency when funding adviser charging.

PROTECTION

A NEW DAWN?

Corporate IFA Clifton Asset Management is to move 500 clients to Novia as part of a major asset migration project.

Fidelity FundsNetwork has warned the true cost of implementing the 2016 legacy rebate ban could be far higher than the regulator's predictions because of rules on contacting ‘dormant' clients.

Fidelity FundsNetwork has confirmed it is reviewing its charging structure for investors in its Navigator range who buy the funds via its own platform.

Skandia has expressed fresh doubts about negotiating preferential share classes with fund managers, instead focusing on launching unbundled share classes that will continue to pay rebates.

Hargreaves Lansdown is planning to launch a rebate-free charging model at the start of next year following the latest platform paper from the regulator.