Technology

Hargreaves Lansdown has ruled out the prospect of taking marketing fees from fund groups or allowing advertising on its website, saying it wants to offer a 'transparent' fee structure when new regulations are implemented next year.

The percentage of assets going into clean share classes on the Axa Elevate platform has reached 56%, having more than doubled since the start of the year.

Nucleus has placed the ownership structure of the wrap under review in light of adviser charging rules concerning potential conflicts of interest.

Thesis Asset Management has integrated its investment platform with Avelo Adviser Office.

DUE DILIGENCE

Standard Life's Dow: The winners & losers in 'super clean' world

Standard Life Wrap is moving to a new technology interface which will go live to more than 1,200 adviser firms from 22 July.

Axa Wealth has added 1,000 clean share class funds to its execution only platform, Axa Self Investor.

A number of wealth managers have privately warned fund groups they will be less inclined to recommend funds which give preferential prices to the biggest distributors in the market, Investment Week understands.

Alliance Trust Savings has partnered with financial services consultancy Altus to provide automatic re-registration of assets.