Barclays

Barclays Stockbrokers' clean fund prices show the platform has failed to secure the blockbuster deals on key funds negotiated by main rival Hargreaves Lansdown, Investment Week can reveal.

Average annual investment returns over the last decade were similar to those of the last century, despite several global wars and a financial collapse, according to analysis from Brewin Dolphin.

Analysts at Numis have compared charges from the likes of Barclays, Brewin, Coutts and Rathbones to investigate how industry fees stack up against platforms' newly-unveiled clean prices.

Philip Matthews has turned over almost half the holdings in the Schroder UK Alpha Plus fund since taking over the fund from Richard Buxton in October, Investment Week can reveal.

Barclays has said it intends to cut up to 12,000 jobs this year, including 7,000 in the UK, as it reveals it has upped its staff bonus pool despite a drop in profits.

Barclays Bank saw adjusted pre-tax profits fall by almost a third during 2013 as litigation costs impacted the business, but has increased the bonuses it pays staff.

Direct-to-consumer platform Strawberry Invest has launched today, with an annual platform charge of 0.40% on the first £50,000.

Barclays has been forced to issue confirmation of its pre-tax profits for 2013 a day ahead of its results after they were leaked in a diary column.

Hargreaves Lansdown has topped the Platforum's first list of Britain's best D2C platforms despite charging a higher price than many competitors.

Barclays plans to cut hundreds of jobs in its investment banking division as part of a restructure, according to reports.