Data provider Defaqto has launched a guide to multi-asset, risk-bound fund families to help advisers understand and use them for clients where appropriate.

The FCA has told managers of 64 funds to make it “clearer” to consumers how constrained they are, it has been revealed.

Investment provider and wealth manager Hargreaves Landsdown says that Fidelity’s radical fund management fee changes may be too complicated for investors to understand.

The Financial Conduct Authority has today gone live with its new Asset Management Authorisation Hub which is designed to help new firms launch fund management services.