RDR

The ‘advice gap' post-Retail Distribution Review (RDR) is a major cause of concern and must be monitored closely by regulators, the Association of British Insurers (ABI) will say later today.

The RDR-induced switch to ‘clean' share classes could help active funds fight back against the shift towards passives, according to new research from wealth manager Equilibrium.

Henderson Global Investors is set to announce a fresh round of job cuts before the end of the year, Investment Week understands, as the FTSE 250-listed asset manager embarks on a further cost-cutting drive.

GOSLING'S GROUSE

Morningstar has revealed how it intends to present past fund performance post-RDR, following the introduction of new ‘clean' share classes.

Skandia will switch to its unbundled platform pricing model on Tuesday 18 December - two weeks before the Retail Distribution Review (RDR) deadline.

L&G has unveiled its plans for adviser charging post-RDR, which include facilitated adviser charging and the removal of commission.

J.P. Morgan Asset Management has unveiled a fund of funds range and a set of discretionary portfolios as part of its adviser solutions offering launching next year.

Lloyds' potential sale of its St James's Place (SJP) stake could be a landmark moment for the bank but the outlook for the wealth manager is less clear, according to investors and analysts.

Assets on Royal London's wrap platform Ascentric grew 42% to £4.7bn in the nine months to 30 September, with new inflows dropping 18% to £856m.