Skandia head of digital marketing, Jeremy Mugridge, has left the business to join a product design agency.
There is no longer any "good reason" why clients should pay above 40 basis points (bps) for access to a platform, an analysis of the market has concluded.
Platforms could see a sharp rise in operating costs if multiple share classes exist for pre- and post- the cash rebate ban, according to the Tax Incentivised Savings Association (TISA).
Providers attempting to avoid being classified and regulated as platforms could see additional rule changes from the Financial Services Authority (FSA), according to its head of investments policy.
Asset management firms outsourcing parts of their investment process may be abdicating their responsibility to the consumer, according to the FSA.
Some businesses will not be allocated a dedicated superviser from next year as the regulator - the Financial Conduct Authority (FCA) - looks to adopt a "proactive" rather than "reactive" approach.
Cofunds' ‘explicit pricing model' has gone live today, with 1,700 clean share classes from 85 fund groups.
Connaught Asset Management has entered administration following the suspension of its three unregulated collective investment schemes (UCISs).
Head of FundsNework David White is to leave Fidelity after ten years with the company.