Fidelity FundsNetwork

Fidelity is to cut the annual management charge on its range of 15 multi-asset funds for advisers investing through its FundsNetwork platform, after the Financial Conduct Authority banned a cross-subsidy deal.

FundsNetwork's own self-invested personal pension (SIPP) is due to be launched in September and will carry a 0.25% fee.

FundsNetwork's Paul Richards queries the fate of smaller portfolios.

The majority of advisers expect to increase their use of managed solutions and model portfolios as a result of the Retail Distribution Review (RDR), according to research by Fidelity FundsNetwork.

Fidelity FundsNetwork has appointed Personal Finance Society (PFS) director Jon Everill head of advisory services.

FundsNetwork has accelerated its take on of clean share classes to achieve its target of having 95% of current platform assets covered by clean share classes by the end of June.

CWC Research, in association with FundsNetwork, has launched a guide on how adviser business models can profitably evolve in the post-Retail Distribution Review (RDR)environment.

Fidelity FundsNetwork has narrowed the gap to Skandia in the latest update of a platform leaderboard ranking providers by assets under administration (AUA).

Fidelity FundsNetwork has warned the true cost of implementing the 2016 legacy rebate ban could be far higher than the regulator's predictions because of rules on contacting ‘dormant' clients.

Fidelity FundsNetwork has confirmed it is reviewing its charging structure for investors in its Navigator range who buy the funds via its own platform.