Platforms suspend funds over missing Priips document
Bestinvest has temporarily removed a handful of investment trusts from its platform as providers failed to deliver the documents required by regulations which came into force last week.
Hargreaves Lansdown
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Hargreaves backs Woodford despite IA rejection threat
Hargreaves Lansdown has backed Neil Woodford’s flagship equity fund despite fears it could drop out of its Investment Association sector on the back of lacklustre performance in 2017.
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Small caps buck trend in Hargreaves popularity list
UK small cap funds have bucked the trend and remained a popular choice for investors in 2017 as the wider market for UK-focused funds struggled, according to Hargreaves Lansdown data.
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UK investor confidence hits record low in 2017
Despite a year of record inflows into funds, investor confidence hit an all-time low in 2017, according to Hargreaves Lansdown.
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Investors brand Fidelity fee as complex and expensive
Fidelity’s fee overhaul has been hit by accusations that it is unnecessarily complex and will see investors charged over the odds for mediocre fund performance.
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Platform assets to nearly triple in five years
After hitting £560bn in the third quarter of 2017, Fundscape forecasts that assets held on fund platforms could surge to £1.4trn by 2022.
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Stephen Lansdown: Financial services has ‘lost its mojo’
The UK’s financial services sector has “lost its mojo” because it has forgotten about servicing clients amid the maelstrom of regulation, according to Stephen Lansdown.
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PA ANALYSIS: Hey, fund selectors – where’s the value add?
With several fund selectors opting to publish the track records of their rated funds, what, if anything, can convince the Financial Conduct Authority that research consultants are adding value?
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Hargreaves rolls out remuneration reforms as it awards CEO £2.2m
Hargreaves Lansdown stressed changes needed to be made to its current remuneration scheme, while also confirming that chief executive Chris Hill took home £2.2m in 2017.
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Why Hargreaves’ Wealth 150 has shrunk since launch
Hargreaves Lansdown’s says the number of funds on its Wealth 150 recommended fund list has fallen over time because there is only a limited pool of talented managers with a proven track record.
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Tesco opens £85m compensation scheme
Tesco has officially opened its compensation scheme to shareholders who were affected by its group profit overstatement in 2014.
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PA ANALYSIS: Buyer beware best buy ‘affiliated’ funds?
Is there a potential conflict of interest arising from investment platforms or “fund supermarkets” recommending their own products to clients?