Platform will also launch an ‘on-platform’ discretionary fund management service.
Transact and Ascentric still top platforms for investment companies, while global and UK income sectors remain most popular.
Platform adds 23 new funds with preferential terms for advisers and their clients.
A total of 97 per cent of platform assets under Tex transfer system.
Platform writes to over 5,000 intermediaries to tell them how they will support them in the run-up to the ‘sunset clause’.
Funds added at the beginning of December in response to investor interest.
Analysis & Opinion
Platforms have come under regulatory scrutiny in recent months.
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
More on Wraps & Platforms
From Pensions| Dec 09, 2014
Provider updates platform offering to take into account next April’s pension flexibilities.
Dec 08, 2014
Novia stating it would be “keen” to partner with a bank.
From Your Industry| Dec 08, 2014
Large customers were effectively subsidising smaller clients, and now those with more assets are just getting a better deal, MD says.
Dec 01, 2014
Available within Engage adviser software, platforms will be rated gold, silver or bronze.
Dec 01, 2014
Platforms such as Old Mutual, FundsNetwork, Transact, Nucleus and James Hay could have competitive advantage.
Nov 27, 2014
Close to half of advisers do not think it is positive that the industry is offering differently priced share classes.
Nov 25, 2014
Deal will also provide tailored support and investment services to platform.
Nov 21, 2014
Affected adviser brands incident “embarrassing” and said it will be “taken into account” during due diligence.
Nov 20, 2014
Turnover up 25 per cent to £17.2m, while operating profits were up 46 per cent.