Platforms were hit by a 12% drop in Assets Under Administration (AUA) in the first quarter of this year, according to analysis by the lang cat consultancy.

Vanguard has today launched a new low cost UK fund.

No structured products distributed by UK intermediaries matured with a loss last year, according to new figures.

Advisers are focusing on locking in the so-called Brexit bounce for retirement savers, amid concerns that stock markets could be heading for a significant correction this year, a poll suggests.