Skandia has set out its unbundled charging structure, claiming it will result in a 0.37% platform charge for its typical customer.
The distraction of the Retail Distribution Review (RDR) for advisers and challenging market conditions have been blamed for a 40% dip in net inflows onto Skandia's platform in the first half of this year.
Old Mutual Wealth Management is set to unveil its plans for RDR-compliant pricing on its fund platform, and is preparing to boost its offering in the risk-rated funds and DFM space with a revamp of its product range.
Retirement Planner's round-up of the top pension stories this week.
‘Worrying' numbers of people are not using their pension savings efficiently leaving potential inheritors liable to a hefty tax, according to Skandia.
Standard Life and Aviva have said that a letter from the Honister administrator to advisers stating it would not approve the bulk transfer of ex-Honister client agencies will not affect their decision on the issue.
More than two-thirds (69%) of advisers think multi-manager funds will get a boost from the Retail Distribution Review (RDR), an industry poll has found.
Sentiment among UK and European financial advisers has fallen to its lowest level in 12 months, according to a recent global report.