Charles Stanley Direct has cut its share dealing rate by 25% to £7.50 per trade for the whole of January, in a bid to encourage clients to annually rebalance their portfolios.
Hargreaves Lansdown could be set to charge lower-end clients around 70bps when it publishes its new clean fee structure, expected this week.
Charles Stanley has agreed a deal to buy Evercore Pan Asset Capital Management, the passive portfolio specialist co-founded by John Redwood MP.
Charles Stanley Direct has criticised Hargreaves Lansdown over the cost of its platform transfer charges after the country's biggest D2C platform delayed its shift to a new pricing structure.