The governor of the Bank of England has told the UK to prepare for a potential rise in interest rates this year.

Invesco Perpetual's co-head of fixed interest Paul Read has said he expects the UK's base rate to rise in the first quarter of next year, in contrast to the forecast of his former colleague Neil Woodford.

Robin Minter-Kemp, former director of investment funds at Cazenove Capital, has joined Rayner Spencer Mills Research (RSMR) as a non-executive director.

Neil Woodford has been handed a mandate on Skandia's WealthSelect range, likely in the region of hundreds of millions of pounds, with the platform also getting access to the manager's 65bps share class.

D2C Platforms attempting to undercut Hargreaves Lansdown via lower fees have not made "significant enough" reductions to lure clients away, analysts at Barclays have said.

Standard Life has become the second platform to secure cheaper access to Neil Woodford's new fund, after the group negotiated access to the 0.65% AMC share class.

Standard Life has enhanced its wrap platform with the launch of a specialist investment hub aimed at users with discretionary permissions, as it taps into the growing number of adviser firms changing their business models.

Neil Woodford is considering opening talks with his former firm Invesco Perpetual about a private multi-billion pound deal to bring across his old stakes in the country's largest stocks, and avoid creating havoc in their share prices.

Hargreaves Lansdown is to transfer more than £400m of multi-manager assets from Mark Barnett's Invesco Perpetual income funds to Neil Woodford's new UK equity income offering.

Neil Woodford has said a number of core holdings seen across the UK equity income sector could be hit by dividend cuts in the near future.