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Fidelity reverses plans to charge clients for research

Fidelity International has reversed plans to charge for research under Mifid II after feedback from clients. The £239bn asset manager revealed it planned to implement a Research Payment Account approach as part of its overhaul of fees, announced in October, when it revealed it was adopting a ‘variable management fee’ model. The RPA approach involves paying for […]

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Australian wheat investment scam boss disqualified for 15 years

The High Court has disqualified a UK investment scammer who mislead clients into investing in land in Australia and Lithuania to the estimated losses of £508,667 and AUD $661,500. Richard Haddock has been disqualified for 15 years. Haddock acted as a director of Nottingham-based Agri Firma Capital between July 2011 and July 2014. During that […]

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