Hargreaves Lansdown has reversed its decision to increase charges for clients who hold investment trusts as it announced a set of record-breaking results.
Treasury committee chairman Andrew Tyrie has accused the regulator of overcharging the advice community and asked for a refund of fees at today's grilling of chief executive Martin Wheatley and chairman John Griffith-Jones.
Charles Stanley Direct has moved to capture large clients from competitors by scrapping its own charge for new or re-reg clients with £500,000 or more, for a limited period.
Overhauled pricing model will see majority of D2C platform's clients paying 0.45% annual fee.
Schroders has increased its stake in Liontrust Asset Management to 23% following the boutique's latest results.
M&G retail fixed income head Jim Leaviss has relinquished his lead manager role on two of his main portfolios as part of a reshuffle of the team.
Alain Grisay, the former chief executive of F&C Asset Management, has passed away.
Global equity markets are on course for their worst start to the year since 2010 following the declines sparked by troubles in emerging markets over the last week.
Schroders is to rebrand the entire Cazenove Capital fund range following its takeover of the business last year.
The Alternative Investment Market (AIM) has jumped 25% since legislative changes lifting the ban on direct ISA investments were announced, research by Close Brothers has found.