RDR

The wealth arm of Barclays has scrapped plans to charge fund groups an administration fee when their products are recommended for private client portfolios.

UBS Asset Management is to become the latest group to boost its passive fund offering in the UK, as it launches the first product in a new range for retail investors.

SEVEN DEADLY SINS

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.

AIFMD

Graham Dow, head of investment group relationships at Standard Life, looks at the true nature of newly-transparent fund deals.

Self-directed wealth platform Hargreaves Lansdown has posted record half-yearly revenue and profits as the business noted a "general trend" towards DIY investing as a result of changes brought about by the Retail Distribution Review (RDR).

Legacy trail commission may create a "moral hazard" in which advisers encourage investors to stay in investments longer than they should, analysts at Barclays have warned.

City Asset Management's Tracy Coghill asks how far the financial services industry has got to grips with RDR now the deadline has passed, and tackles the issue of restricted versus independent advice.

GOSLING'S GROUSE