News

D2C platform Charles Stanley Direct has launched a new loyalty programme for clients with a series of additional fee cuts, alongside a customer charter which promises users a "fairer deal".

AXA Wealth has agreed preferential, non-rebated share classes on 153 funds from seven fund groups.

Aviva Investors' multi-manager team has said most active managers investing in UK stocks are failing to beat the FTSE All Share this year as overweights in mid- and small-cap stocks weigh on portfolios.

In this week's Retirement Planner news round-up we highlight five key stories you might have missed over the past seven days.

Newton Investment Management CEO Helena Morrissey is to chair the new organisation arising from the merger of the Association of British Insurers (ABI)'s investment affairs division and the Investment Management Association.

Support services firm SimplyBiz is holding a dedicated 'protection awareness week' for advisers after it found "the protection gap is as much of a problem now as it has ever been".

Network the On-Line Partnership is liable for allegedly unsuitable advice it claims one of its appointed representatives (AR) gave without its authorisation, the Financial Ombudsman Service (FOS) has ruled.

Network and support services firm Tenet has asked platforms for clarity on their legacy commission switch-off plans but said it is "confident" advisers are "on top of" the process.

Mark Carney's move from Canada to London cost the Bank of England nearly £200,000 - which, in addition to his £870,000 salary - makes him Britain's first £1m governor.

The government's Help To Buy scheme, designed to boost the housing market, creates "medium and long-term risks to the taxpayer", MPs have warned.