Technology

Fidelity FundsNetwork has laid down the gauntlet to rivals by pledging to disclose payments it receives from fund groups by the end of the month.

A power cut at platform Skandia's London HQ meant advisers had to send client trade requests via fax on Thursday.

Adviser support group Tenet has launched a technology platform aimed at helping adviser firms transition to the retail distribution review (RDR).

Advisory support group Tenet is to review the panel of platforms it recommends to IFAs following a warning from the Financial Service Authority about the use of platforms which permit rebates from providers to clients.

David Ferguson, CEO of Nucleus Financial Group, sees only good news in this week's platforms Policy Statement.

Fidelity's Ed Dymott has slammed the FSA's "shambolic" handling of platform regulation and said the delay in platform charging rules until after 2013 will create an "RDR 2".

I guess it was always inevitable. The first paper, DP 10/2, proposed the ban on rebates to platforms, to the dismay of the fund supermarkets; the second paper, CP 10/29 proposed a ban on cash rebates, bringing foreseeable, albeit slightly muted, protests...

Hargreaves Lansdown shares fell sharply in early trading today after the FSA said in yesterday's platform paper it wants to ban payments from fund managers to platforms and cash rebates to consumers.

When the FSA's eagerly anticipated and much delayed platform policy paper finally dropped into our inboxes it provided yet another twist to the ongoing rebate debate.

The FSA today published its Policy Statements on platforms, with the delay in setting rules on cash rebates the surprise outcome...