Affected adviser brands incident “embarrassing” and said it will be “taken into account” during due diligence.
Turnover up 25 per cent to £17.2m, while operating profits were up 46 per cent.
Platform assets under administration pass £16bn in the third quarter.
Company had shelved plans to roll out third party trusts in 2013, but still has no date for implementation.
Old Mutual customer director questions Mark Hoban’s plan for a digital service to give guidance on saving.
Underlying earnings up 13 per cent in the third quarter compared with a year ago.
Analysis & Opinion
The share class introduced in response to the RDR’s ending of charging kick-backs has disappeared, despite all the hype
It will more likely be the unintended consequences of legislation rather than economics that transform the current platform model
Choosing the right platform is a big decision, and the cheapest may not meet clients’ requirements in other ways
Biggest area of interest among advisers is non-advised platform services, says Aviva.
More on Wraps & Platforms
Nov 12, 2014
Electronic cash transfers are now live, taking 5-6 working days for DFMs on the platform.
Nov 07, 2014
Old Mutual provided figures showing already 57 per cent of advisers are fully ‘unbundled’.
From Your Industry| Nov 07, 2014
Matrix covers charges for pensions, collective investments, onshore and offshore bond products.
Nov 07, 2014
Regulator requests physical option for the less tech savvy, but some providers put a price on paper statements.
From Your Industry| Nov 06, 2014
Group in talks with online and telephone based services to rollout mass market at-retirement advice post-guidance guarantee.
Nov 06, 2014
DFM-backed service also predicts platform shift to outsourced settlement systems.
From Insurance| Nov 05, 2014
Thirty firms will have access to term life insurance, with full market access expected next year.