Fidelity CEO Anne Richards warned of a number of threats to capitalism in a wide-ranging speech at the CFA Institute Annual Conference in London this morning.

Many platform providers and experts have welcomed the FCA’s potential ban on platform exit fees but some have warned that a level playing field is needed to ensure platforms are not disadvantaged.

Aegon has appointed Ed Dymott to the newly-created role of managing director for transformation, innovation and growth.

Fidelity has promoted insider Jackie Boylan to be head of its platform business FundsNetwork.