Standard Life joins Skandia to push for 'special' clean share classes
Standard Life is to press fund managers to launch cheaper share classes for large platforms including itself, after HM Revenue & Customs said it would apply income tax to unit and cash rebates.
The platform, which hit £11bn of assets under administration in October, is lobbying for a Standard Life-specific share class, around 10bps cheaper than the 75bps industry average, to account for previous...
More News
Tribunal forces FCA U-turn on ex-Barclays Wealth boss ban
Case finds 'no misconduct' within Tinney's dealings
Numis Securities rubbishes Muddy Waters' Burford Capital claims
Reiterates 'buy' recommendation
Wealth managers dump UK assets in favour of global bond funds
Brexit risk putting investors off domestic stocks
Octopus to acquire wealth technology business for £10m
'Natural evolution'
Araujo completes overhaul of £2.2bn M&G Global Themes fund
Four investment trends in new-look portfolio
Back to Top