Platforms

Charles Stanley has rolled out its Collectives Portfolio Service to five platforms.

Cofunds has made a number of appointments to its partnerships and platform teams as part of a recruitment drive.

Unbundled pricing now visible on Fidelity's 'Select List' service suggests asset managers have avoided a squeeze on margins, with just four of 66 active equity funds priced below 75bps.

Analysts at Numis have compared charges from the likes of Barclays, Brewin, Coutts and Rathbones to investigate how industry fees stack up against platforms' newly-unveiled clean prices.

Direct-to-consumer platform Strawberry Invest has launched today, with an annual platform charge of 0.40% on the first £50,000.

Skandia has unveiled its range of sub-advised mandates via its WealthSelect proposition, achieving some impressive fund prices in the process, but its structure raises new challenges for re-registration.

Will product developments leave re-registration progress standing?

Skandia has cut Invesco Perpetual High Income from its newly-unveiled 'WealthSelect' restricted proposition, a range which offers funds with an average AMC of 0.52%.

Hargreaves Lansdown has topped the Platforum's first list of Britain's best D2C platforms despite charging a higher price than many competitors.

Platform fees will remain VAT exempt, according to guidance released by HM Revenue and Customs.