Rplan.co.uk has released a new research revealing that as a result of the Retail Distribution Review (RDR) 13% of financial advisers have stopped offering services to over 20% of their clients because they are no longer commercially viable. “This means that many people are finding it difficult to secure financial advice and the research suggests […]
Just one in 10 of UK adults understand the country’s Retail Distribution Review, while almost three-quarters, 74%, say they have never heard of it, according to research conducted on behalf of SCM Private’s True and Fair Campaign.
Geneva-based banking group Syz & Co has introduced income distribution share classes for two of its Oyster funds – Oyster European Corporate Bonds and Oyster Global High Yield.
MAM Funds will launch a new non-trail commission share class across its range of funds, as part of its UK Retail Distribution Review (RDR) preparations.
Retail distribution via independent platforms took another leap forward through 2011. Holly Mackay, managing director of The Platforum discusses the ongoing changes, and the possible direction of funds distribution in 2012.
Pershing Limited, a BNY Mellon company, will launch a custodial platform in October targeting independent financial advisers and financial planning businesses.
Outsourcing clients’ investment portfolios is likely to increase among multi-managers in the run up to the Retail Distribution Review (RDR) and this will increase the need for robust due diligence, according to research by independent financial research company Defaqto.
Finisterre Capital has hired emerging markets specialists for its global and credit funds, private equity manager Hamilton Lane’s Asia and Europe head (pictured) is moving to Hong Kong, and Cofunds plans to develop its UK institutional business.