Fees
OMGI revamps Generation range, removes income targets
Old Mutual Global Investors has removed the income targets from its Generation range of multi-asset funds, formerly run by John Ventre.
United Kingdom | 1 Oct 15
Hargreaves Lansdown abandons independent model
UK investment manager Hargreaves Lansdown has changed its financial advisory service to a restricted model and removed the minimum investment requirement.
Retirement | 30 Jul 15
UK Gov’t outlines defence against ‘excessive’ pension exit fees
The UK Government has proposed three solutions to combat “excessive” early exit charges on pension schemes following fears they are restricting access to the new retirement flexibilities.
Vanguard cuts levy on LifeStrategy ETFs as price war rages
Vanguard has added another chapter to the fund price war by cutting the initial levy from its LifeStrategy range of index-linked funds.
Tax & Regulation | 23 Jun 15
FCA rejects call for fee freeze, hikes adviser rates
The Financial Conduct Authority (FCA) has rejected calls for a freeze in its fee hikes and has confirmed a 10.2% increase in 2015/16 for financial advisers.