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.
Standard Life has announced a review of its FundZone and Sigma fund supermarkets, in a move to make them more "wrap-like".
Cofunds has abandoned a proposed tie-up with Barclays Stockbrokers to list investment trusts and ETFs on the platform in a blow for providers.
AXA Wealth is launching an exclusive share class on the Architas range for Elevate users, which delivers a 20bps reduction in the standard clean share class charge.