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.
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.
It may be a while until the Financial Conduct Authority unveils the results of its probe into the UK platform market but the investment world already has its own views on how they can be improved.
After hitting £560bn in the third quarter of 2017, Fundscape forecasts that assets held on fund platforms could surge to £1.4trn by 2022.
A third (36%) of financial advisers plan to direct more business to platforms over the next 12 months, according to a report by Aegon.
The most cost-effective platforms for holding and trading investment trusts have been identified by the Association of Investment Companies (AIC).
EQ Investors, the boutique wealth manager launched by Bestinvest founder John Spiers, has announced its range of ESG portfolios are now available on the Aviva platform.
Best-buy fund lists compiled by direct-to-consumer platforms favour affiliated funds and those paying higher commission, research by the Financial Conduct Authority has found.
Daniel Godfrey is on a charm offensive. With the initial public offering (IPO) of The People’s Trust pencilled in for 7 September, he is busy preparing to float the trust on two stock exchanges.
The FCA should ban exit charges and admin fees charged by restricted advisers and platforms for facilitating transfers, Bill Vasilieff, chief executive at investment platform Novia Financial says.
The Financial Conduct Authority wants to use the platform review to drive more competition in the asset management sector, but experts are asking whether it is looking in the wrong place.
The Financial Conduct Authority (FCA) has launched a review aimed at assessing whether investment platforms, including those offered by life companies, operate in the customer’s best interests.
Nucleus is set to slash costs for high-value clients on its platform to meet demands for a “more competitive structure” for large portfolios.