Outsourcing key source of demand RDR
Almost half (45%) of investment trust directors believe most of the demand arising from RDR will come from wealth managers and advisers outsourcing portfolio management.
RDR
-
-
FSA probe of non-advice and XO
The FSA has not ruled out using mystery shoppers in its thematic review of execution-only and non-advised services which is planned for the second half of the year, it confirmed.
-
TOBAM introduces RDR share class
Tobam has launched a range of RDR-friendly share classes for its anti-benchmark strategies which will be available to UK investors.
-
Kames revamp fee structure on absolute return fund
Kames has removed the performance fee on its UK Equity Absolute Return Fund in a bid to simplify the charging structure following RDR.
-
Exciting times for online platforms
Business is booming for online wrap platforms as advisers re-engage with clients following the implementation of RDR, reports suggest.
-
Investec waives charges on UK Oiecs
Investec is abolishing its initial charge across its UK Oeic range with immediate effect to benefit investors and advisers post-RDR.
-
almost half of advisers now use dfms
One third of advisers are planning to increase the number of client portfolios held on platforms as a result of RDR, research conducted by Investec Wealth & Investment (IW&I) found.
-
RDR beneficial to significant number of IFAs
Over half of IFAs were asked for more advice from clients in 2012 than in 2011, and 58% anticipate further increases in advice sought this year, according to research released by Matrix Solutions.
-
GAM launches new UK-focused DFM service
GAM has launched a new UK-focused discretionary fund management service, in response to growing demand for investment outsourcing following RDR.
-
BNY launch six new RDR ready sub funds
BNY Mellon is adding six new RDR-ready sub-funds to its BNY Mellon Investments UK wholesale funds range, the firm has announced.
-
Canada Life moves into UK retail space
Canada Life Investments is to make its first foray into the UK retail market place with a range of eight UK- and international-focused in-house Oiec funds.
-
execution only – advisers friend or foe
A boom in execution-only fund sales is predicted to become a game changer in the post-RDR landscape, but rather than being a threat to wealth managers they can they use the trend to their advantage.