Hargreaves Lansdown has achieved record levels of assets under administration after attracting £4.7bn of new money in the three months to April.
James Hay Partnership has added 115 retail, institutional and tracking funds to its in-house fund supermarket, the Investment Centre.
Mark Links will become the head of Elevate operations for Axa Wealth from 17 April.
IFA firm Informed Choice has launched its direct-to-consumer (D2C) proposition, IC Direct, following a year of beta-testing.
Platforms may be forced to abandon plans for ‘super-clean' share classes as the number of firms demanding the special terms continues to rise, according to a consultant.
Cofunds has joined Skandia, Standard Life and Axa Elevate in lobbying fund managers for "super clean" share classes.
HM Revenue & Customs's (HMRC's) decision to tax unit and cash rebates could violate UK case law on competition, according to a platform consultancy.
Skandia is to add clean share classes to its platform following HM Revenue & Customs' decision that rebates to customers are taxable.
Standard Life's wrap platform is to scrap rebates on new and existing business and move to a clean share class only model by the start of the 2014/15 tax year.