Charles Stanley

Wealth management firms say they are being "crippled" by suitability requirements as the Financial Conduct Authority (FCA) increases its scrutiny of the sector.

Which asset class or event surprised you most?

Rob Hudson, currently head of Charles Stanley Direct, is joining Aberdeen Asset Management to develop the group's digital proposition.

Charles Stanley has reported a £3.9m pre-tax loss for the six months to 30 September, driven by costs arising from the ongoing "major upgrade" of its systems and processes.

Rob Hudson is leaving his role as head of Charles Stanley Direct at the end of December after three and a half years.

The Big Question: Are ETFs and tracker funds becoming a bigger threat to active management?

Investors wishing to move from direct-to-consumer to adviser platforms face "punitive" exit fees, according to analysis by the lang cat.

Paul Abberley has become chief executive of Charles Stanley, replacing Sir David Howard.

Does size matter?

Barclays is seeking to include a D2C discretionary investment service offering model portfolios to clients in its relaunched consumer platform proposition, Investment Week understands.