Funds

Platform Allfunds Bank has appointed Anna Graziano from technology company Calastone as head of operations and proposition, completing its UK team.

Hargreaves Lansdown has confirmed a number of its new discounted fund deals will be subject to HMRC's rebate tax, with only 9 of the 27 funds on its Wealth 150 Plus list available via preferentially priced share classes.

SOUTHERN EUROPE

Hargreaves Lansdown has revealed the exact details of its new clean pricing deals from leading fund groups including M&G, Newton and Schroders.

Fidelity's Personal Investing platform has moved to minimise the impact of D2C super clean fund deals on the end-investor by offering to refund the difference when funds are available more cheaply elsewhere.

UK platform Skandia has reported profits of £13m in 2013, up from £2m in 2012, after net inflows of over £2bn last year.

Could the intense price war among D2C platform providers spill over into the advised space? Henry Brennan finds out what it could mean for long-term sustainability.

Skandia is working in conjunction with IFAs on a service which will enable advised clients to use its platform directly in order to top up ISA holdings, Investment Week can reveal.

Alliance Trust may be faced with more hostile corporate action after a US hedge fund declared a 10% stake.

Barclays Stockbrokers' clean fund prices show the platform has failed to secure the blockbuster deals on key funds negotiated by main rival Hargreaves Lansdown, Investment Week can reveal.