Tracker fund sales have hit their highest ever levels as the passive investing trend continues to gather momentum, according to Investment Management Association (IMA) figures.
Standard Life has appointed Vanguard Asset Management to manage its range of 15 tracker funds.
Cost and provider reputation are the most important factors for advisers choosing a passive investment provider, research suggests.
Net retail sales of tracker funds hit a record high of £1.9bn last year, up some £200m on 2010, according to the Investment Management Association (IMA).
Hargreaves Lansdown has added an "ultra-low-cost" UK tracker fund to its Vantage platform.
Wrap platforms have defended Hargreaves Lansdown's plans to charge a flat fee of up to £2 per month for tracker funds, saying the move is one of commercial necessity.
Hargreaves Lansdown plans to charge investors who hold certain tracker funds on its Vantage platform a flat fee of up to £2 per month, compared to the current annual rate of 0.5%.
The RDR finally gets some column inches in the mainstream media, while fund managers are becoming increasingly cautious in a particularly volatile bull market. It's IFAonline's round-up of the weekend's national newspapers...
David McCraw, manager of the Edinburgh UK and US Tracker trusts, explains why passive strategies work well for investment trusts.