Prudential Financial Planning and Ascentric get M&G rebrand
Their names will disappear and the businesses will receive a ‘fresh visual identity’
Their names will disappear and the businesses will receive a ‘fresh visual identity’
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Denning has been interim CEO at the platform since December
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Rob Regan makes way for recent recruit Richard Denning who takes the helm on an interim basis
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Tax efficient portfolio will avoid overcrowded areas of the Aim market
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Royal London parts with wrap advised platform with £14bn in AUA
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Thomas Miller Investment has broadened its offering with the addition of four new model portfolios.
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CEO of Royal London, Jon Taylor, is joining Ascentric in January 2015 as managing director.
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IFDL is planning to launch a platform service for intermediaries, which will allow them to offer their own non-advised platform as it looks to re-focus on the adviser market through Ascentric.
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Independent wrap platform Ascentric and its institutional arm IFDL have seen assets under administration (AUA) pass the £5bn mark over 2012.
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Royal London Asset Management saw net new business inflows slow by more than a quarter in the nine months to 30 September, while its Ascentric wrap platform posted an 18% decline in new assets under management.
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Barclays’ GlobalAccess fund range is now available on Ascentric and Elevate with further platform launches to follow.
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H1 sales down 17% at Royal London Asset Management.
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