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’
Denning has been interim CEO at the platform since December
Rob Regan makes way for recent recruit Richard Denning who takes the helm on an interim basis
Tax efficient portfolio will avoid overcrowded areas of the Aim market
Royal London parts with wrap advised platform with £14bn in AUA
Thomas Miller Investment has broadened its offering with the addition of four new model portfolios.
CEO of Royal London, Jon Taylor, is joining Ascentric in January 2015 as managing director.
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.
Independent wrap platform Ascentric and its institutional arm IFDL have seen assets under administration (AUA) pass the £5bn mark over 2012.
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.
Barclays’ GlobalAccess fund range is now available on Ascentric and Elevate with further platform launches to follow.
H1 sales down 17% at Royal London Asset Management.