Money spent on 'wake up packs' should be spent on providing retirees with a 15 minute conversation with a retirement expert.
Aviva is introducing a platform charge of 0.15% for new customers with portfolios valued at more than £400,000.
Barclays Stockbrokers has revealed its clean pricing structure, introducing an AMC of 0.35% as it becomes the latest platform to undercut Hargreaves Lansdown's headline charges.
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Fidelity has undercut Hargreaves Lansdown with its new pricing structure, introducing an AMC of 0.35% for clients with total assets up to £250,000.
The Bank of England has again moved to temper expectations of an early rate rise, despite the UK unemployment rate dropping to close to the crucial 7% mark this morning.
The Financial Conduct Authority (FCA) has warned a scammer is operating practically on its doorstep under the name Brookes and Hargreaves.
Nick Train, a long-term backer of Hargreaves Lansdown, has said the platform's assets could hit £240bn by 2020 - a figure which would mean adding £200bn in AUA over the next six years.