19 Mar Was platform dominance broken in 2018?
Posted at 10:00h
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2018 was a tough year for the adviser platform sector as a whole but, amid...
March 2019
19 Mar FCA fires warning shot over anti-competitive fund discounts
Posted at 09:00h
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While exit fees dominated the headlines following last week’s publication of the Financial Conduct Authority...
19 Mar Brexit, brinkmanship and pensions
Posted at 08:00h
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It’s been a tough year for fund groups and platforms alike with Brexit and other worries cooling the markets. Initially, platforms were cushioned from the worst by ongoing DB transfer business, but by the second half of the year that business was also drying up. Year-on-year asset growth was a meagre 4%, while gross and net sales have plummeted. The economics are relatively unchanged, but investors have been spooked by Brexit and US-China trade wars.
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13 Mar ‘A dumb idea from the off’: Standard Life Aberdeen drops co-CEOs
Posted at 09:00h
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Standard Life Aberdeen’s decision to scrap its co-CEO structure has been hailed as a long-overdue,...
07 Mar Are Aviva’s platform flows as bad as they look?
Posted at 10:00h
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Aviva's net platform flows were revealed to be 38% down year-on-year in the group's annual...
06 Mar Nutmeg urged to spell out 0.15% rate on new cash offering
Posted at 15:53h
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Nutmeg has been urged to be explicit about the 0.15% interest clients will earn on...
27 Feb Walker Crips blames Brexit for gloomy profit warning
Posted at 09:00h
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Walker Crips has blamed Brexit for a bleak profit warning issued on Tuesday, as industry...
26 Feb Hargreaves’ stubborn rebuke sparks liquidity debate
Posted at 09:00h
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At a media briefing regarding the recent Wealth 50 revamp, Hargreaves Lansdown head of research...
26 Feb SL’s Elevate price chops will ‘challenge established players’
Posted at 09:00h
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Standard Life said the revisions represent a "25% reduction" to its standard terms. Portfolios of...
25 Feb Will the Lloyds-Schroders tie-up become the next SJP?
Posted at 09:06h
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Lloyds Banking Group’s joint financial advice venture with Schroders could leave the firm drawing the...
22 Feb Platform exit charge calculator launched by Compare the Platform
Posted at 09:00h
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Directory service Compare The Platform has launched a new tool to calculate exit charges across...
21 Feb Exit charge calculator for platforms
Posted at 14:23h
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Advisers and investors are often fed up with the platforms they use and would like to switch to a new provider, but a major deterrent is the exit fees that some platforms charge.