Simon Ellis, managing director at Legal & General Investments, explains why investors are wrong to view index funds purely as capital growth plays.
Cofunds is negotiating with asset management firms to renew agreements made years ago which could see groups forced to pay extra lump sums to the platform.
FundsNetwork has fired a warning shot to fund managers, saying any "special deals" struck up with rival platforms will be revealed under the transparency principles underpinning Retail Distribution Review (RDR).
Firms who refer clients to restricted advisers for investment advice will not have their independence threatened after implementation of the Retail Distribution Review (RDR) rules, the FSA has confirmed.
Multi-manager investment boutique Architas is launching a Multi-Asset Blended range of eight funds, combining active and passive management styles.