Novia switch indices due to rising costs
Wrap platform Novia has become the latest firm to ditch a leading indices supplier due to the cost of license fees.
Wrap platform Novia has become the latest firm to ditch a leading indices supplier due to the cost of license fees.
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Nucleus has appointed three regional account managers as part of the expansion of its on the ground resources in the UK.
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More than one-third of advisers are looking at switching platforms in the year after RDR comes into force, according to Aviva research.
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Cofunds has firmed up its unbundled pricing model which will see it list 1,700 clean share classes from 85 fund groups.
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Platforms are key to how intermediaries run their investment businesses today and it is no surprise that their cost is seen as a key consideration of which ones they choose – but imagine how costly running investments would be without them.
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Platform and fund manager costs trump considerations of the range of products available, tools and services, brand, ownership structure and ability to white label when it comes to advisers platform choice, according to CoreData Research.
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The speed at which new client applications are processed is of utmost importance to advisers when it comes to choosing a platform, according to a survey by independent financial research company Defaqto published today.
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Barclays Stockbrokers has relaunched its platform proposition for UK intermediaries in the run-up to RDR.
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Assets held on UK platforms used by financial advisers climbed 8% in the first quarter of the year to touch £190bn, according to data released yesterday by Platforum, the London-based platform consultancy.
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New Years Day represents one year until the RDR rules are implemented, but unless the FSA gets its act together before Christmas it doesnt look like well be any clearer on whats needed until into 2012.
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Ashcourt Rowan Asset Management has reached an agreement with Ascentric to make its Managed Portfolio Service available through the wrap platform.
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Investment manager Heartwood has announced partnerships with seven platform providers, including Novia, Transact and Standard Life, in a move that will grant IFAs access to its investment offering.
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