The Financial Conduct Authority (FCA) is to permit rebates from fund managers to platforms in cash, provided it is passed on to consumers in full in the form of additional units.
The Financial Conduct Authority is to allow nominal ‘de minimis' cash rebates of £1 or less, despite outlawing the payments in all but name.
The Financial Conduct Authority (FCA) is to consult on reading across its rules on platforms to adjacent markets, such as the self-invested personal pension (SIPP) market.
The Financial Conduct Authority (FCA) is to ban cash rebates paid to consumers from platforms from April next year.
BlackRock has lifted its stake in Hargreaves Lansdown to over 5% as it backs the platform's share price to continue its meteoric rise.
Markets across the US closed up overnight as the more optimistic mood prevailed, while gold continued to recover from its recent savage fall.
An analysis of changes in Google query volume for search terms related to finance reveals patterns that could be interpreted as early-warning signs of stock market moves.
Hargreaves Lansdown is planning to cut its Wealth 150 list down to as few as 30 funds as it looks to adapt to the new pricing world post-RDR.
Standard Life Investments' head of credit Andrew Sutherland is to retire from the group after a 30-year career.
The UK's stagnating economy avoided a triple-dip recession today after initial estimates showed it expanded 0.3% in the first quarter of 2013.