News

Platform Ascentric has removed the set up and transfer-in costs on its in-house self invested personal pension (SIPP) and cut its annual tax wrapper fee from £150 to £100.

Discretionary fund managers are failing their customers by adopting opaque and expensive charging structures, according to a damning report.

A radical pooled pension proposal could prevent retiring workers using their funds as they please.

The European Commission has called on the UK to raise taxes on higher value properties, build more houses and adjust the Help to Buy scheme.

Adviser support group Aim Two Three is launching a discretionary fund manager (DFM) comparison tool.

The Association of Professional Financial Advisers (APFA) has urged the regulator to re-consider reviewing the way it calculates the fees paid to it by advisers, after plans to overhaul the area were scrapped.

Brandeaux is plannning to float the portfolio of its Student Accommodation fund in a bid to help meet redemption requests.

Aviva Investors is to close its UK Absolute Return fund, run by Trevor Green, as well as Peter Fitzgerald's Diversified Strategy fund, Professional Adviser's sister title Investment Week can reveal.

Chancellor George Osborne is in danger of emulating Robert Maxwell "as a destroyer of pension savings" with plans for a retirement 'guidance guarantee', Tom McPhail has warned.

Standard Life has enhanced its wrap platform with the launch of a specialist investment hub aimed at users with discretionary permissions, as it taps into the growing number of adviser firms changing their business models.