fund platform

Skandia is in talks with fund managers about retaining rebates in its pricing structure after unveiling details of its unbundled pricing model due out in the second half of next year.

Advisers have rushed to income-generating funds amid recent market turbulence, according to FundsNetwork sales figures.

Fidelity's Gary Shaughnessy has criticised the FSA for delaying its decision on a proposed cash rebate ban in today's 'underwhelming' platform paper.

The platform policy paper will be published on Monday, the FSA said today.

The FSA's platform policy paper has been delayed to Q3 as the regulator struggles to formulate final rules on controversial areas including the proposal to ban cash rebates.

Apollo Multi Asset Management has launched a discretionary fund management service with six risk managed portfolios on the Novia platform.

Cofunds has appointed Openwork CEO Martin Davis as chief executive.

PLATFORMS

There are many ways a discretionary fund manager (DFM) can integrate a platform into their service proposition. Maria Merricks looks at the options

Hargreaves Lansdown has questioned whether cuts to fund charges post RDR will be as widespread as the FSA forecast in its recent Platform Consultation paper, as providers struggle to cope with IFA exits from the market.