News

The Financial Conduct Authority (FCA) is to allow platforms to receive payments from fund managers in relation to advertising products.

The Financial Conduct Authority (FCA) today paved the way for platforms such as Hargreaves Lansdown and Standard Life to launch super clean share classes, after stating it would want to see existing deals re-created on clean fee share classes.

The FCA has moved to crack down on the potential for fund costs to rise as a result of the introduction of clean share classes.

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.