Standard Life has added a new withdrawal capability to its wrap, allowing advisers to maximise tax efficiency when funding adviser charging.

Corporate IFA Clifton Asset Management is to move 500 clients to Novia as part of a major asset migration project.

Skandia has expressed fresh doubts about negotiating preferential share classes with fund managers, instead focusing on launching unbundled share classes that will continue to pay rebates.

The pace of regulatory change has left many advisers scared of client contact, according a senior figure at BlackRock.

Who moved where in another busy week in financial services...

BlackRock has joined a growing list of fund groups to reject calls for a ‘super clean' share class, instead favouring a single stripped-down class to avoid adviser confusion.

FIVE THINGS

The Financial Conduct Authority (FCA) has cautioned platforms against maximising legacy commission by waiting until the April 2016 deadline.

The Financial Conduct Authority's decision to ban rebates on legacy business from April 2016 is set to be a painful one for the industry, according to Cofunds.

The Financial Conduct Authority (FCA) has confirmed execution-only platforms will be caught up by its cash rebate ban and has blamed a 'typographical error' for earlier confusion.