News

Labour will refer high street banks to the competition authorities if it is elected in 2015, Ed Miliband, the Labour leader, is expected to say in a speech on Friday.

Platform giants Standard Life and Fidelity have attacked Hargreaves Lansdown over its new pricing structure following its release yesterday.

Aberdeen Asset Management this morning reported it had seen AUM drop 3% as outflows continued from its equity funds and inflows dropped back sharply, following its move to cap Devan Kaloo's emerging markets fund.

Hargreaves Lansdown has said 20% of its clients will see fees go up as a result of its charging overhaul, although it added these clients are able to cut their charges by changing the way they invest.

Legendary investor Jim Rogers is trying to find new ways to invest in North Korea, having dipped his toe into the market by purchasing stamps and coins from the communist state.

Hargreaves Lansdown has revealed it was offered share classes for its new 'Wealth 150+' fund range with annual management charges as low as 0.25% for active equity funds.

Hugues Gillibert, former head of new ventures at Thomson Reuters, has set up an independent fund research company providing detailed data on the fees and expenses of UK and European funds.

Hargreaves Lansdown will not announce the funds on its revamped Wealth 150 list until 1 March - but said it has secured annual management charges (AMCs) as low as 30bps for some active equity funds.

City Asset Management has expanded its investment management team with two new hires.

Hargreaves Lansdown has unveiled its long-awaited clean pricing model - but how does the new fee structure rank against other D2C offerings?