Standard Life

Super clean and others; why fund groups took different approaches to passing on cheaper costs

Shares in Lloyds Banking group fell more than 5% this morning after the government sold another 7.8% of its stake in the bank last night.

Henderson Global Investors has scrapped plans for the creation of preferential share classes in order to offer intermediaries a "level playing field".

Standard Life has secured discounts from 12 external fund groups across 291 clean funds, equivalent to an average AMC discount of 13bps.

Standard Life has tabled a reported £400m bid for Ignis Asset Management.

Standard Life has cut its income drawdown minimum from £50,000 to £30,000 in response to yesterday's Budget announcement.

George Osborne's fifth Budget revealed a raft of retirement income reforms giving pension savers freedom of choice.

The Standard Life wrap is launching a third party discretionary fund management (DFM) service for advisers.

Leading Scottish firms are acting ahead of the referendum later this year to move operations out of the country into the rest of the UK, according to a survey.

Platforms continue to lobby the regulator for further guidance surrounding the move to post-RDR share classes.