Stephen Lansdown has sold off another significant stake in Hargreaves Lansdown, the business he co-founded.
Standard Life has secured discounts from 12 external fund groups across 291 clean funds, equivalent to an average AMC discount of 13bps.
The chief executive of Hargreaves Lansdown has said the group is considering cutting charges later this year following a surge of activity across the platform sector.
Helen Morrissey talks to Hargreaves Lansdown's head of pensions Tom McPhail about the challenges facing the retirement income market and how the Pensions Income Choice Association is trying to meet them.
Hargreaves Lansdown's shares rose on news the government is set to increase the personal ISA allowance to £15,000, whilst life company stocks tumbled, after chancellor George Osborne unveiled the latest Budget.
Six investment ideas for those yet to use their ISA allowance for the 2013-2014 tax year
Why have so many of the preferential fund deals announced in recent weeks been based on unit rebating rather than the launch of super clean share classes?
The ABI thinks people with small pension pots deserve more choice
Hargreaves Lansdown received over 600 individual deals on fund prices before it decided which funds would make it onto its new Wealth 150 + list, Investment Week can reveal.