RDR

Hargreaves Lansdown is telling asset management groups they do not need to overhaul their internal fund rebate systems before the arrival of ‘RDR 2‘ in 2014.

Smith & Williamson Investment Management is launching a range of risk-rated funds via SimplyBiz's investment service Verbatim.

The Skandia label will disappear in the UK and a number of senior roles have been reshuffled as part of a major overhaul of the Old Mutual Wealth Management business.

Ecclesiastical is launching RDR-ready institutional share classes across its range of six funds.

GLG has unveiled RDR-ready unbundled share classes across its UK-domiciled range.

INVESTMENT TRUSTS

The Treasury Committee has promised to monitor the benefits to consumers of changes introduced as a result of the Retail Distribution Review (RDR), after the Financial Services Authority (FSA) again said it would be sticking to its year-end implementation...

The reputation of a newspaper rests, partly, on the timeliness of its coverage. So imagine the damage if its front-page headline tomorrow read: ‘The Titanic has sunk'.

HSBC Global Asset Management has launched an RDR ready share class on its passive fund range.

BlackRock's ETF arm iShares plans to hire at least six people for its UK-based business to prepare for RDR next January.