Survey from The Platforum finds more advisers choose a platform based on low charges than on ‘usability’.
Funds under management have reached £49.1bn, up 17 per cent over 12 months.
The UK Platform Group will provide a voice for the platform industry on regulation, tax, savings policy and consumer issues.
Standard Life sees annuity sales plummet 55 per cent.
The platform originally said it was going to replatform in Q3 2015 but this date has now been pushed back.
M&G refuses to launch ‘super-clean’ share classes on its funds for Edinburgh-based firm.
Analysis & Opinion
Biggest area of interest among advisers is non-advised platform services, says Aviva.
Platforms are flourishing after the RDR.
The journey to new share classes isn’t a clean one.
Platforms are changing strategic direction.
More on Wraps & Platforms
Oct 22, 2014
Alliance Trust Savings reveals structured products are “something we are investigating at the moment”.
Oct 22, 2014
Platform estimates a further 100 to 200 funds will be added by the end of the year.
Investments| Oct 21, 2014
Ascentric’s chief executive Hugo Thorman looks at the role platforms may be able to play given the pensions changes.
Oct 20, 2014
Purchases of investment companies reached a record high of £120.9m in the second quarter this year.
Oct 16, 2014
Majority of advisers would accept one price across all investment platforms, even if it was not the cheapest option.
Oct 13, 2014
The organisation has 23 IFAs on the portal and another 20 waiting for approval.