Platforms

Aviva is introducing a platform charge of 0.15% for new customers with portfolios valued at more than £400,000.

Nigel Wray, chairman of Saracens rugby club, has invested a "significant" amount in fund platform Nutmeg.

Barclays Stockbrokers has revealed its clean pricing structure, introducing an AMC of 0.35% as it becomes the latest platform to undercut Hargreaves Lansdown's headline charges.

As revealed by Investment Week last Friday, Zurich is launching Zurich Horizon Investment Solutions, a new investment proposition comprising a range of risk profiled funds managed by Threadneedle Investments.

Investment Week understands insurer Zurich UK has approached a number of asset managers with plans to create a fund management business in the UK.

D2C platform Charles Stanley Direct reported a net revenue increase of just £3,000 in 2013, blaming rising industry costs, but the wealth manager saw revenues jump 18% overall as AUM hit a record £20bn.

Fidelity has launched its own new-look pricing structure as it moves to wrestle control of the D2C market from Hargreaves Lansdown, but how does its pricing compare?

SEI has appointed former Cofunds and Skandia CEO Brett Williams as managing director of its private bank platform, SEI Wealth.

Fidelity has undercut Hargreaves Lansdown with its new pricing structure, introducing an AMC of 0.35% for clients with total assets up to £250,000.

Meera Hearnden, senior analyst at Hargreaves Lansdown, is to exit the business at the end of this month.