The Financial Services Authority's (FSA) decision to make advisers that don't consider active investments restricted was a "hallelujah" moment for one Belfast-based adviser.
Investment companies should look to reduce the number of active funds they offer, according to AWD Chase De Vere following in-house research showing underperfomance in all but one key sector.
GAM has poached two Quilter executives as the global investment manager looks to expand its discretionary fund management (DFM) capability and develop outsourcing solutions for UK IFAs.
FundsNetwork has extended its managed solutions offering with the launch of a risk-profiling service for its multi asset range.
Hargreaves Lansdown plans to charge investors who hold certain tracker funds on its Vantage platform a flat fee of up to £2 per month, compared to the current annual rate of 0.5%.