Under the new agreement, Tavistock Wealth has endorsed Novia as a preferred platform.
In March, the AIC said purchases of trusts on the smaller platforms had risen by 67 per cent year on year.
Platforms are launching advice services for financial advisers to help them comply with the FCA’s ‘sunset clause’.
Sipp firm reports adjusted operating profit of £2.5m for the first half of 2014, down from £3.4m a year ago.
Platform takes on £250m of new flows since February launch.
Senior adviser says firms must adopt a strong brand.
Analysis & Opinion
Ascentric chief executive Hugo Thorman talks about the challenges of running a successful platform, and especially meeting the demands of financial...
There is no consistent naming convention for share classes.
Are platforms the new access route to investment trusts?
The tax man takes the biggest chunk out of investor’s cash, says Novia’s Paul Boston.
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From Your Industry| Aug 21, 2014
Turnover up 26 per cent to £11.1m for the first half of this year, with 85 per cent profit increase to £1m.
Aug 20, 2014
As they start to come of age, tech-savvy Generation Z will change the world in three ways.
Aug 19, 2014
Platform already integrated in February this year with Distribution Technology’s Dynamic Planner model.
From Your Industry| Aug 18, 2014
Investment over the next two years is equivalent to 14 per cent of the UK division’s annual operating profits.
Aug 15, 2014
Insurer increasing drawdown charges in wake of rival’s call for fees to be cut or eliminated.
Aug 14, 2014
Platforms should not be charging advisers and their clients for facilitating “core functions”, says insurer.
Investments| Aug 13, 2014
Company claims third party net inflows of £4.2bn have helped it achieve a record six months.
Aug 13, 2014
The CF Woodford Equity Income fund is now included in its offering.