The Financial Services Authority is planning to ban rebates on legacy business which are paid by fund groups to platforms from 2016, in a move which will shake up the platform industry and force providers to charge groups for additional services.
While markets are nearing - or passing through - nominal highs, in reality, UK shares would need to climb much higher just to meet inflation-adjusted pre-crisis highs of 2007.
Marlborough's top-performing fund manager Giles Hargreave has admitted it will be difficult for UK small-cap equities to replicate their 2012 performance this year.
Hargreaves Lansdown co-founder Stephen Lansdown has joined Peter Hargreaves as a member of the Forbes list of billionaires.
Some of the largest funds in the IMA Global Emerging Markets and Asia Pacific ex Japan sectors have significantly increased exposure to Indian equities over 12 months to the end of January.
Fund groups have renewed their calls for sub-divisions within the Absolute Return peer group, after the IMA revealed its long-awaited review of the sector last week.
Former Baillie Gifford European small-cap manager David Walton has joined Hargreave Hale to assist Giles Hargreave across his Marlborough small-cap unit trusts and the firm's VCT products.
Brewin Dolphin is planning to increase the number of open-ended funds it recommends to clients by 25% in the coming months as it seeks to provide more income plays.
MSD Capital, the family office of Dell Computer founder Michael Dell, has been building a short position in Hargreaves Lansdown as the group's share price takes off.
Platform giant Hargreaves Lansdown has said it is ready for any price war started by rivals looking for a foothold in the direct to consumer market.