FundsNetwork

Nearly 50% of the UK's adviser community wants platforms to carry out bulk switches to clean share classes for their clients, research from FundsNetwork has discovered.

Skandia has dropped HSBC's £152m ($251m) Frontier Markets fund from its platform because of the timing of its trading days.

Platform giants Standard Life and Fidelity have attacked Hargreaves Lansdown over its new pricing structure following its release yesterday.

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.

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

Fidelity FundsNetwork has become the first of the fund supermarkets to confirm it will offer investment trusts ahead of RDR.

ITs

The FSA could be forced into a major U-turn on platform regulation as the UK's big three providers, with over 80% of total assets, labeled its proposals as "unworkable" in responses to the Discussion Paper.

Fidelity is set to complete the final phase of its multi-manager fund rationalisation, which will result in the closure of its FundsNetwork PortfolioManager range.

Fidelity FundsNetwork has adopted Morningstar's qualitative fund research to allow the fund supermar...