A Scottish wealth manager has migrated £125m of client assets to Standard Life in seven months, with more than £80m coming from Fidelity FundsNetwork.

A musician has recorded a song inspired by the death of trail commission and its impact on the advice sector.

Standard Life is poised to launch several hundred "super-clean" classes in the second half of 2013, despite scepticism the platform will be able to agree terms with fund groups.

HM Revenue & Customs (HMRC) has begun a probe into more than 200 advisers, lawyers and accountants suspected of using offshore trusts to illegally evade UK tax.

Skandia has said its discounted fund panel Select will not be affected by the Financial Conduct Authority's (FCA's) final rules on platforms, despite a ban on subsidies.

Cofunds CEO Martin Davis is leaving the business following a restructure in the wake of its sale to Legal & General (L&G).

The Queen has confirmed plans for an overhaul of the UK state pension system in the upcoming Pensions Bill.

FIVE THINGS

Fidelity FundsNetwork has narrowed the gap to Skandia in the latest update of a platform leaderboard ranking providers by assets under administration (AUA).

HM Revenue & Customs (HMRC) is expected to extend its tax on rebates to some discount brokers, even on funds held inside an ISA.