RDR

Threadneedle is to roll out a range of commission-free share classes across the majority of its fund range, and waive initial charges for advised UK retail investors, as it makes its proposition ready for the post-RDR world.

Advisers are finding the rules around the disclosure of charges and services as the most challenging aspect of the Retail Distribution Review (RDR), a survey has suggested.

Aberdeen Asset Management has unveiled unbundled share classes across its fund range in preparation for the onset of Retail Distribution Review (RDR) next year.

BNY Mellon has expanded its distribution team with three hires including RSM Tenon's Adrian Gough.

The Retail Distribution Review (RDR) will have "clear detrimental effects" on the accessibility of financial advice and lower overall savings rates, Lord Flight has warned.

Legal & General Investments (LGI) is set to launch an index fund linked to the highest quality issues in the sterling corporate bond market at the end of the month.

Private client manager James Hambro & Partners is to merge with Calkin Pattinson to create a combined group with £1bn in assets under management, advice and administration.

CONTRARIAN

Liontrust is to launch low-cost share classes aimed at wealth managers across Jan Luthman and Stephen Bailey's Macro fund range, as part of an administration change which will also see the group drop Capita as its authorised fund manager.

GOSLING'S GROUSE