Wealth managers

The Financial Conduct Authority (FCA) has cautioned platforms against maximising legacy commission by waiting until the April 2016 deadline.

The platform paper published by the Financial Conduct Authority (FCA) this week is set to change the landscape of the platform industry in the UK, but what were the main points?

The Financial Conduct Authority (FCA) is to allow platforms to receive payments from fund managers in relation to advertising products.

The Financial Conduct Authority (FCA) today paved the way for platforms such as Hargreaves Lansdown and Standard Life to launch super clean share classes, after stating it would want to see existing deals re-created on clean fee share classes.

The Financial Conduct Authority (FCA) is to permit rebates from fund managers to platforms in cash, provided it is passed on to consumers in full in the form of additional units.

The Financial Conduct Authority (FCA) is to ban cash rebates paid to consumers from platforms from April next year.

Hargreaves Lansdown is planning to cut its Wealth 150 list down to as few as 30 funds as it looks to adapt to the new pricing world post-RDR.

Assets under management at wealth manager St James's Place were up £4.2bn to a record £39bn, according to the group's interim results.

The Financial Conduct Authority (FCA) has fined EFG Private Bank (EFG) £4.2m for failing to take reasonable care to establish and maintain effective anti-money laundering (AML) controls for high risk customers.

The Financial Conduct Authority (FCA) has intervened in a test case in which the Royal Bank of Scotland (RBS) is accused of mis-selling interest rate swaps.