Platforms

HARGREAVES LANSDOWN

Hargreaves Lansdown has unveiled its long-awaited clean pricing model - but how does the new fee structure rank against other D2C offerings?

Hargreaves Lansdown's unbundled price structure will see it charge an annual fee of 0.45% for sub-£250k clients, with the firm having also negotiated an average AMC for new 'Wealth 150+' funds of just 0.54%.

Nucleus is considering launching a direct-to-consumer (D2C) platform in an effort to better serve the 6,000 orphaned clients it currently redirects to Hargreaves Lansdown each year.

Morgan Stanley has upped its price target on Hargreaves Lansdown by 50% after the bank's analysis suggested consumers are prepared to pay more for advice and platforms than previously anticipated.

Transact has said it will halve both its buy commission and dealing charges from 1 March.

Hargreaves Lansdown co-founder Stephen Lansdown has cleared £35m of debt from the balance sheet of Bristol City, the football club in which he holds a majority stake.

J.P. Morgan Asset Management (JPMAM) is to discontinue third party funds on its Wealth Manager Plus D2C platform.

Allfunds Bank has appointed Danny Wynn, former platforms director at Legal & General, as head of fund groups for UK, Ireland and Middle East.

Hargreaves Lansdown is to unveil its long-awaited unbundled pricing model on 15 January.