uk platform assets climb to 190bn
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.
Platforms
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Time is up for the FSA to finalise RDR
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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ascentric deal for ashcourt rowan
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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heartwood secures platform partnerships
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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new low cost fund platform launched by jpjshare
Stockbroker JPJShare has launched a low cost fund platform offering 80% of funds available with no initial charge.
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UK’s first structured product platform launched
The UK’s first structured product investment platform launched, called SPGO.
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Former Cofunds chief exec Williams joins Insynergy
The former chief executive of Cofunds is joining the board of boutique fund manager Insynergy.
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PA ANALYSIS: RDR could limit advice not increase it
Advised sales are falling and with RDR still to come this proportion could continue to fall.
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May Isa sales highest since 2000
May Isa sales reached their highest level outside a tax season month in 11 years, the IMA reports.
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Lloyds plans execution-only platform service
Lloyds Banking Group says it intends to create an execution-only platform service.
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Axa Wealth sales elevated by platform
Sales on Elevate rise 107%, underpinning strong growth for the firm.