by Richard Bradley | 22 November 2019 | Europe
We’re seeing the initial signs of a rolling back of open architecture across Europe. Distributors are increasingly focusing on building overall ‘solutions’ rather than picking best of breed funds by asset class. They are also looking to limit the range of products...
by Richard Bradley | 25 October 2019 | Europe
Every European market is unique. Local regulations and interpretations of pan-European directives differ. Fund distribution channels differ. The mix of investments differs. The asset managers and insurance companies providing these investments differ. European...
by Richard Bradley | 23 August 2019 | Europe, UK D2C, UK Fund Distribution
Rebates have been confirmed as taxable this month, in the long-running clash between Hargreaves Lansdown and HMRC. This effectively confirms ‘superclean’ share classes are the most tax-efficient mechanism for delivering preferential rates on funds, rather than the...
by Richard Bradley | 02 August 2019 | Europe, UK Adviser Platforms
We’re seeing mergers, acquisitions and partnerships in the platform technology market across Europe and the UK. Some pretty mind-boggling numbers are being thrown around in the European platform market. Allfunds’ platform will administer half a trillion euros of...
by Richard Bradley | 19 July 2019 | UK Financial Advisers, UK Fund Distribution
Pre-RDR, much of the ‘power’ in the market was held by asset managers: they charged the fees and remunerated advisers/platforms via rebates/commission. The RDR flipped this on its head. Now it is the advisers who are firmly in control, setting fees and choosing – or...
