The lifetime allowance "has outlived its usefulness" and should be scrapped as part of a wider overhaul of pension taxation, Tom McPhail has said.
A handful of the UK's largest financial advice firms have decided to distinguish their businesses from rivals' by publishing their fees on their company websites.
Hargreaves Lansdown has launched six "ready-made" portfolios for non-advised investors, offering access to its £5bn multi-manager range for an ongoing fee below 2%.
As much as £400bn could be held in 'dinosaur' funds, according to Hargreaves Lansdown, as investor inertia sees cash left languishing in stagnant products.
New pensions minister Ros Altmann has said she is hopeful existing annuitants will get the opportunity to sell their right to an income for a lump sum.
Hargreaves Lansdown has attacked the current Financial Services Compensation Scheme (FSCS) levy system as "placing an unfair burden on reputable and blameless firms" as the group anticipates a £4.6m bill.
Financial regulators in the US are warning investors and advisers to beware the limitations of automated investment tools.
Multi-asset survivors: The six funds still loved after a decade
Hargreaves Lansdown entered the top five groups by net retail sales in the first quarter following a spate of multi-manager launches, according to the latest Pridham report.
Wealth manager and platform Hargreaves Lansdown has raised £94m for the latest addition to its multi-manager range, an Asia and emerging markets fund.