Wrap/platforms

Ensuring direct-to-consumer (D2C) platforms do not stray into advice has become an "obsession" that is ultimately stunting innovation, a report has concluded.

It seems we have now seen the back of clean and super clean share classes, which is a relief as it was very tedious...

Old Mutual Wealth vice-chairman Peter Mann has announced his intention to retire after 12 years with the group.

Barclays Stockbrokers has cut the charge on its self-invested personal pension (SIPP) just weeks after revealing its clean pricing structure.

Aviva has overhauled its income drawdown offering and launched a flexible product to give retirees more choice when taking retirement income.

Platforms attempting to dodge the cash rebate ban by paying consumers units in a cash fund would be acting in an 'incredibly foolish' manner and going against the spirit of the rules, Fidelity has warned.

Platforms continue to lobby the regulator for further guidance surrounding the move to post-RDR share classes.

Direct platforms - all the rage since the start of the year - need not be seen as the enemy by advisers

Allfunds Bank has appointed former Calastone director Anna Graziano as head of operations and propositions, representing the final hire for the management team headed by Stephen Mohan.

The Financial Conduct Authority (FCA) has said platforms need to do more to incorporate re-registration and has issued a warning over exit fees.