Mixed asset edges up sales chart
What were the top ten bestselling pension funds in June?
Platforms attempting to dodge the cash rebate ban by paying consumers units in a cash fund would be acting in an 'incredibly foolish' manner and going against the spirit of the rules, Fidelity has warned.
Fidelity FundsNetwork is to move to a clean-only model by the end of 2013 on all new business.
Fidelity is to cut the annual management charge on its range of 15 multi-asset funds for advisers investing through its FundsNetwork platform, after the Financial Conduct Authority banned a cross-subsidy deal.
Global insurer Zurich has named David White as head of retail, UK life, with effect from 21 January.
Fidelity Worldwide Investment has launched a low-cost US tracker fund as it moves to mimic the success of its UK tracker fund among direct investors.
Standard Life's Global Absolute Return Strategies fund has dropped out of the top ten highest inflows on Fidelity FundsNetwork, according to data from the platform.
Head of FundsNework David White is to leave Fidelity after ten years with the company.
Fidelity FundsNetwork has become the first supermarket to launch an unbundled pricing model.
Barclays Stockbrokers has partnered with Fidelity FundsNetwork to launch an enhanced version of its platform.
Anthony Bolton's Fidelity China Special Situations investment trust lagged its benchmark in the final quarter of 2011.
The asset management industry must create an industry standard to bring greater transparency to investment charges, Fidelity Worldwide Investment said today.
The FSA will release a platform consultation paper within the next couple of months setting out draft rules on rebates and regulations for execution-only platforms, after Deloitte completed its research into the sector.
Fidelity FundsNetwork is launching a new third party discretionary management service for advisers.
Platform giant Cofunds has asked fund groups to commit to developing commission-free share classes by November as it moves to align itself with RDR.
Fidelity FundsNetwork is disclosing its fund manager fees as it looks to create a more transparent market and prove its pricing policy is free from commercial bias.
The FSA has already decided final rules governing platforms ahead of publication of its policy paper in July and will "not budge" on the proposal to ban cash rebates.
Fidelity has appointed Pete Burtonshaw as head of platforms with overall responsibility for both FundsNetwork and the DC propositions.
Peter Hicks, head of UK retail sales at Fidelity International, has been promoted to product director, UK equities, effective from 1 August.
The current correction in equity markets should present opportunities for investors, according to Sanjeev Shah.