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....
Half of advisers have thought about launching an execution-only proposition following the introduction of the Retail Distribution Review (RDR), according to a recent poll, despite regulatory scrutiny of the market.
The Financial Conduct Authority (FCA) has admitted the Retail Distribution Review (RDR) has created unintended consequences for the wealth management industry, which it will be monitoring.
A Berkshire-based IFA is in the process of building an execution-only offering for existing clients with investable assets of £50,000 or less, but who no longer want to engage with the firm's advice process.
Abraham Okusanya, principal at paraplanning firm FinalytiQ, argues that direct to consumer launches are not just boring but commercially unviable. Here's why...
Traditional client segmentation projects make "bad business sense", according to one adviser who has created an offering which lets clients self-segment according to their means.
Plan Money has partnered with an aggregator and launched its first automated, non-advised proposition for protection business.
Advisers expect an anticipated increase in self-directed investment following the introduction of the Retail Distribution Review (RDR) will lead to more work for them, research suggests.
Advisers are now able to build, run and trade share portfolios as actively as a fund manager - but with trades costing as little as 50p, a fraction of the usual cost, a firm has said.
The FSA has decided to apply its ban on platform rebates to execution-only propositions.