Platform and investment provider Fidelity International is believed to be considering up to 1,000 job cuts as the firm re-evaluates its cost base, according to reports.

Standard Life - part of Phoenix Group - has linked with fund giant Fidelity to launch a new Smoothed Return Pension Fund which is designed to grow investments while offering some protection against the daily turmoil of investing.

Fund manager and platform Fidelity has revealed the investment winners and losers for its clients in 2023.

Dame Anne Richards, CEO of Fidelity International, is to step down from the role after five years with the company to become vice chair.