A number of asset managers stand to double their market share if they are prepared to be aggressive on super clean pricing, according to research from Barclays.
Skandia's director of investments James Millard is to exit the business at the end of the year after the group opted to hand the running of its managed portfolio service to Old Mutual Global Investors.
AJ Bell has introduced a capped annual charge on its new-look D2C platform Youinvest as it unveils its pricing strategy for 2014.
The increasingly rapid move towards restricted architecture and a focus on cost above all else across the financial services industry could spark the next mis-selling scandal, Fidelity's Ed Dymott has said.
The retail financial services industry is expecting to see a proliferation of share classes, a price war, and customer confusion as a result of the decision to ban rebates, new research has claimed.
Prudential has unveiled a range of clean share classes on its multi-asset funds, initially available on the Standard Life and Aviva platforms.
A record year to date performance has taken Ascentric and IFDL past the £7bn milestone for assets under administration.
Zurich's UK platform assets hit £6.97bn by the end of the third quarter, the latest numbers have revealed.
The platform industry "nudged" into a collective profit for the first time in its history in 2012, according to figures compiled by Altus.
Hargreaves Lansdown will not be carrying out bulk switches of client money from bundled to clean or super clean share classes, Investment Week can reveal.