RDR

UK managers including Lindsell Train founder Nick Train have labelled Hargreaves Lansdown a "definite buy" with enormous growth potential, after the group beat analysts' expectations last week.

Trust is the most important asset the industry has, so imagine the nightmare if it is lost or threatened.

Fidelity's Gary Shaughnessy has criticised the FSA for delaying its decision on a proposed cash rebate ban in today's 'underwhelming' platform paper.

It is August, and another football season will soon be upon us. Spare a moment, however, for those football managers who will not make it to the end of the season.

St. James's Place failed to make a profit from its distribution arm in the first half of 2011, citing the impact of the Retail Distribution Review (RDR), although group operating profit was up 13%.

Low profile fund from family-run firm proves quietly successful in IMA Global sector

The Treasury Select Committee (TSC) has called for a 12 month delay to the RDR to enable more advisers to reach Level 4, among a series of other concessions, but the FSA has flatly refused any negotiation on a change to its plans.

The industry is split on the merits of the Treasury Select Committee's (TSC) key recommendation to delay the RDR for 12 months until 1 January 2014.

Investment trusts have an inbuilt advantage over of their open-ended peers in the run up to RDR, writes F&C's Ed Morse.

RDR may provide boost to investment trusts but the sector still faces headwinds, warns Numis Securities.