Platforms

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".

Cofunds, has appointed former FNZ UK chief executive Paul McMahon as strategy director.

Neil Woodford has been handed a mandate on Skandia's WealthSelect range, likely in the region of hundreds of millions of pounds, and the platform will be able to access the manager's 65bps share class.

D2C platforms attempting to undercut Hargreaves Lansdown via lower fees have not made "significant enough" reductions to lure clients away, analysts at Barclays have said.

Standard Life has become the second platform to secure cheaper access to Neil Woodford's new fund, after the group negotiated access to the 0.65% AMC share class.

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

Parmenion has launched its own in-house pension account as a complement to its range of third-party SIPP wrappers.

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.

Insurer Zurich welcomed the regulator's pledge to re-open the long-stop debate but suggested it should be looking at more options than just a 15-year liability period.

Hargreaves Lansdown is to transfer more than £400m of multi-manager assets from Mark Barnett's Invesco Perpetual income funds to Neil Woodford's new UK equity income offering.