http://www.moneymarketing.co.uk http://www.moneymarketing.co.uk http://www.moneymarketing.co.uk/magazine/graphics/logo.png http://www.moneymarketing.co.uk http://www.moneymarketing.co.uk/wrap-and-technology/platforms-rule-out-copying-standard-lifes-rebate-tax-move/1071555.article http://www.moneymarketing.co.uk/wrap-and-technology/platforms-rule-out-copying-standard-lifes-rebate-tax-move/1071555.article Platforms say they will not follow Standard Life and pay clients’ rebate tax for 2013. Wed, 22 May 2013 10:00 GMT http://www.moneymarketing.co.uk/wrap-and-technology/standard-life-to-pay-platform-clients-2013-rebate-tax-bill/1071434.article http://www.moneymarketing.co.uk/wrap-and-technology/standard-life-to-pay-platform-clients-2013-rebate-tax-bill/1071434.article Standard will fund tax on rebates for both Standard Life Wrap and FundZone. Mon, 20 May 2013 10:54 GMT http://www.moneymarketing.co.uk/wrap-and-technology/pims-hmrc-u-turned-over-rebate-tax-decision/1071302.article http://www.moneymarketing.co.uk/wrap-and-technology/pims-hmrc-u-turned-over-rebate-tax-decision/1071302.article Standard Life says HMRC changed its mind about whether to tax platform rebates only six months after indicating it did not see them as taxable. Thu, 16 May 2013 16:46 GMT http://www.moneymarketing.co.uk/wrap-and-technology/pims-half-a-million-people-on-advised-platforms-have-seen-no-portfolio-changes/1071303.article http://www.moneymarketing.co.uk/wrap-and-technology/pims-half-a-million-people-on-advised-platforms-have-seen-no-portfolio-changes/1071303.article The Platforum says around half a million people with assets on advised platforms have not had any changes to their accounts in the last three years. Thu, 16 May 2013 16:46 GMT http://www.moneymarketing.co.uk/wrap-and-technology/pims-platforms-say-there-is-no-demand-for-flat-fees/1071300.article http://www.moneymarketing.co.uk/wrap-and-technology/pims-platforms-say-there-is-no-demand-for-flat-fees/1071300.article Axa Elevate, Seven Investment Management and Standard Life say they do not think flat platform fees will become more popular than percentage charges. Thu, 16 May 2013 16:24 GMT http://www.moneymarketing.co.uk/wrap-and-technology/ascentric-sells-platform-technology-development-team/1071299.article http://www.moneymarketing.co.uk/wrap-and-technology/ascentric-sells-platform-technology-development-team/1071299.article The Bangalore-based team has been sold to Indian consulting and technology firm Collabera. Thu, 16 May 2013 16:19 GMT http://www.moneymarketing.co.uk/wrap-and-technology/transact-tops-the-platforum-q2-leaderboard/1071231.article http://www.moneymarketing.co.uk/wrap-and-technology/transact-tops-the-platforum-q2-leaderboard/1071231.article Transact has toppled Elevate off the top spot in The Platforum Market Monitor for Q2.  Thu, 16 May 2013 12:11 GMT http://www.moneymarketing.co.uk/wrap-and-technology/threesixty-calls-on-skandia-and-fundsnetwork-to-confirm-platform-trail-stance/1071120.article http://www.moneymarketing.co.uk/wrap-and-technology/threesixty-calls-on-skandia-and-fundsnetwork-to-confirm-platform-trail-stance/1071120.article Threesixty Services says the platforms should stop paying trail to advisers from 2016 in order to promote transparency around charging. Thu, 16 May 2013 08:30 GMT http://www.moneymarketing.co.uk/regulation/scottish-widows-and-nucleus-in-legacy-clash/1070881.article http://www.moneymarketing.co.uk/regulation/scottish-widows-and-nucleus-in-legacy-clash/1070881.article Nucleus says treatment of legacy customers is “disingenuous”, while Scot Wids argues there are few legacy contracts with high charges. Thu, 16 May 2013 00:00 GMT http://www.moneymarketing.co.uk/wrap-and-technology/skandia-platform-inflows-drop-10/1070885.article http://www.moneymarketing.co.uk/wrap-and-technology/skandia-platform-inflows-drop-10/1070885.article Net inflows fell to £498m in the first quarter of the year. Thu, 16 May 2013 00:00 GMT http://www.moneymarketing.co.uk/wrap-and-technology/martin-davis-to-leave-cofunds/1070886.article http://www.moneymarketing.co.uk/wrap-and-technology/martin-davis-to-leave-cofunds/1070886.article Davis will be replaced by Legal & General managing director of banks and building society partnerships Chris Last. Thu, 16 May 2013 00:00 GMT http://www.moneymarketing.co.uk/wrap-and-technology/skandia-adds-40-staff-in-re-reg-push/1071072.article http://www.moneymarketing.co.uk/wrap-and-technology/skandia-adds-40-staff-in-re-reg-push/1071072.article The platform says it is increasing its efforts to speed up re-registrations. Thu, 16 May 2013 00:00 GMT http://www.moneymarketing.co.uk/wrap-and-technology/ipipeline-poaches-avelo-client-director/1071060.article http://www.moneymarketing.co.uk/wrap-and-technology/ipipeline-poaches-avelo-client-director/1071060.article Paul Thornton joins adviser portal as UK sales director. Wed, 15 May 2013 14:06 GMT http://www.moneymarketing.co.uk/pensions/sipps/suffolk-life-appoints-will-self-as-md-david-hobbs-moves-to-cofunds/1071214.article http://www.moneymarketing.co.uk/pensions/sipps/suffolk-life-appoints-will-self-as-md-david-hobbs-moves-to-cofunds/1071214.article Current Suffolk Life MD David Hobbs moves to Cofunds to take the position of managing director of operational services. Wed, 15 May 2013 14:06 GMT http://www.moneymarketing.co.uk/wrap-and-technology/what-do-you-think-of-corporate-platforms/1071213.article http://www.moneymarketing.co.uk/wrap-and-technology/what-do-you-think-of-corporate-platforms/1071213.article Give your opinion on the state of the workplace platform market for the chance to win a case of wine from Berry Bros. Wed, 15 May 2013 14:04 GMT http://www.moneymarketing.co.uk/wrap-and-technology/verona-smith-quits-cofunds/1071210.article http://www.moneymarketing.co.uk/wrap-and-technology/verona-smith-quits-cofunds/1071210.article Cofunds director of marketing Verona Smith is the latest senior member to announce their departure from the platform. Wed, 15 May 2013 13:05 GMT http://www.moneymarketing.co.uk/pensions/sipps/barnett-waddingham-selects-gbst-to-support-sipp-administration/1071028.article http://www.moneymarketing.co.uk/pensions/sipps/barnett-waddingham-selects-gbst-to-support-sipp-administration/1071028.article GBST’s ‘Composer’ platform will provide administrative support to new and existing BW Sipp clients. Mon, 13 May 2013 10:42 GMT http://www.moneymarketing.co.uk/wrap-and-technology/skandia-adds-40-staff-in-re-reg-push/1071019.article http://www.moneymarketing.co.uk/wrap-and-technology/skandia-adds-40-staff-in-re-reg-push/1071019.article The platform says it is increasing its efforts to speed up re-registrations. Mon, 13 May 2013 09:56 GMT http://www.moneymarketing.co.uk/wrap-and-technology/execution-only-platform-selftrade-admits-ongoing-website-problems/1070658.article http://www.moneymarketing.co.uk/wrap-and-technology/execution-only-platform-selftrade-admits-ongoing-website-problems/1070658.article A technology upgrade in December has caused ongoing access problems for clients. Fri, 10 May 2013 09:30 GMT http://www.moneymarketing.co.uk/wrap-and-technology/aegon-says-skandia-rebate-move-hinders-transparency/1070482.article http://www.moneymarketing.co.uk/wrap-and-technology/aegon-says-skandia-rebate-move-hinders-transparency/1070482.article Skandia is to offer 8bps rebate on 75bps share class funds. Thu, 9 May 2013 09:30 GMT http://www.moneymarketing.co.uk/wrap-and-technology/skandia-platform-inflows-drop-10/1070849.article http://www.moneymarketing.co.uk/wrap-and-technology/skandia-platform-inflows-drop-10/1070849.article Net inflows fall to £498m in the first quarter of the year. Thu, 9 May 2013 08:44 GMT http://www.moneymarketing.co.uk/wrap-and-technology/advisers-platform-legacy-ban-signals-end-of-trail/1070748.article http://www.moneymarketing.co.uk/wrap-and-technology/advisers-platform-legacy-ban-signals-end-of-trail/1070748.article Advisers say the sunset clause on all legacy payments between fund managers and platforms could be the first step towards a blanket trail ban. Thu, 9 May 2013 08:30 GMT http://www.moneymarketing.co.uk/wrap-and-technology/ey-platforms-need-to-abandon-rebates-by-april-2014/1070675.article http://www.moneymarketing.co.uk/wrap-and-technology/ey-platforms-need-to-abandon-rebates-by-april-2014/1070675.article Ernst & Young says providers need to transition to clean share classes by April next year. Thu, 9 May 2013 00:00 GMT http://www.moneymarketing.co.uk/wrap-and-technology/standard-life-wrap-to-enable-auto-disinvestment/1070539.article http://www.moneymarketing.co.uk/wrap-and-technology/standard-life-wrap-to-enable-auto-disinvestment/1070539.article Platform to take charges proportionally across mutual fund holdings, excluding wrapped investments, when there is a shortfall in the cash account. Thu, 9 May 2013 00:00 GMT http://www.moneymarketing.co.uk/wrap-and-technology/cofunds-stays-top-of-the-platforum-aua-table/1070639.article http://www.moneymarketing.co.uk/wrap-and-technology/cofunds-stays-top-of-the-platforum-aua-table/1070639.article L&G-owned platform increased assets to £52.28bn in the first quarter of 2013. Thu, 9 May 2013 00:00 GMT http://www.moneymarketing.co.uk/wrap-and-technology/martin-davis-to-leave-cofunds/1070828.article http://www.moneymarketing.co.uk/wrap-and-technology/martin-davis-to-leave-cofunds/1070828.article Davis will be replaced by Legal & General managing director banks and building society partnerships Chris Last. Wed, 8 May 2013 17:13 GMT http://www.moneymarketing.co.uk/adviser-news/axa-wealth-sales-up-79/1070687.article http://www.moneymarketing.co.uk/adviser-news/axa-wealth-sales-up-79/1070687.article Firm increases total assets under management 20 per cent, while total business sales rise 79 per cent. Tue, 7 May 2013 08:44 GMT http://www.moneymarketing.co.uk/wrap-and-technology/ey-platforms-need-to-abandon-rebates-by-april-2014/1070640.article http://www.moneymarketing.co.uk/wrap-and-technology/ey-platforms-need-to-abandon-rebates-by-april-2014/1070640.article Ernst & Young says providers need to transition to clean share classes by April next year. Fri, 3 May 2013 14:57 GMT http://www.moneymarketing.co.uk/wrap-and-technology/cofunds-stays-top-of-the-platforum-aua-table/1070632.article http://www.moneymarketing.co.uk/wrap-and-technology/cofunds-stays-top-of-the-platforum-aua-table/1070632.article L&G-owned platform increased assets to £52.28bn in the first quarter of 2013. Fri, 3 May 2013 12:34 GMT http://www.moneymarketing.co.uk/wrap-and-technology/standard-life-wrap-to-enable-auto-disinvestment/1070525.article http://www.moneymarketing.co.uk/wrap-and-technology/standard-life-wrap-to-enable-auto-disinvestment/1070525.article Platform to take charges proportionally across mutual fund holdings, excluding wrapped investments, when there is a shortfall in the cash account. Thu, 2 May 2013 11:05 GMT http://www.moneymarketing.co.uk/wrap-and-technology/vendors-fca-will-not-mandate-electronic-re-reg/1070141.article http://www.moneymarketing.co.uk/wrap-and-technology/vendors-fca-will-not-mandate-electronic-re-reg/1070141.article Platform re-reg vendors say the FCA will not force firms to move away from manual transfers. Thu, 2 May 2013 00:00 GMT http://www.moneymarketing.co.uk/wrap-and-technology/tisa-commits-to-six-day-electronic-re-reg/1070146.article http://www.moneymarketing.co.uk/wrap-and-technology/tisa-commits-to-six-day-electronic-re-reg/1070146.article Automatic re-registrations through TeX will take six days from July. Thu, 2 May 2013 00:00 GMT http://www.moneymarketing.co.uk/wrap-and-technology/sipp-firms-want-to-join-tisa-re-reg-scheme/1070150.article http://www.moneymarketing.co.uk/wrap-and-technology/sipp-firms-want-to-join-tisa-re-reg-scheme/1070150.article Sipp firms and offshore fund managers approach trade body to join initiative. Thu, 2 May 2013 00:00 GMT http://www.moneymarketing.co.uk/wrap-and-technology/ifds-new-share-classes-are-the-enemy-of-re-reg/1070157.article http://www.moneymarketing.co.uk/wrap-and-technology/ifds-new-share-classes-are-the-enemy-of-re-reg/1070157.article Fund admin firm says preferential share classes will damage the move to automatic transfers. Thu, 2 May 2013 00:00 GMT http://www.moneymarketing.co.uk/wrap-and-technology/fca-to-ban-all-legacy-fund-manager-platform-payments-from-2016/1070219.article http://www.moneymarketing.co.uk/wrap-and-technology/fca-to-ban-all-legacy-fund-manager-platform-payments-from-2016/1070219.article All payments on past business between fund managers and platforms will be banned from 2016. Thu, 2 May 2013 00:00 GMT http://www.moneymarketing.co.uk/wrap-and-technology/advertising-payments-will-create-bias/1070220.article http://www.moneymarketing.co.uk/wrap-and-technology/advertising-payments-will-create-bias/1070220.article Allowing fund groups to pay for advertising will leave platform distribution open to abuse.  Thu, 2 May 2013 00:00 GMT http://www.moneymarketing.co.uk/wrap-and-technology/final-platform-rules-will-cost-industry-up-to-82m/1070222.article http://www.moneymarketing.co.uk/wrap-and-technology/final-platform-rules-will-cost-industry-up-to-82m/1070222.article Latest cost benefit analysis pushes up one-off costs by £16m and ongoing costs by £4m. Thu, 2 May 2013 00:00 GMT http://www.moneymarketing.co.uk/wrap-and-technology/fca-product-costs-cannot-subsidise-wrap-charges/1070226.article http://www.moneymarketing.co.uk/wrap-and-technology/fca-product-costs-cannot-subsidise-wrap-charges/1070226.article Regulator says platform charges should be similar across all funds. Thu, 2 May 2013 00:00 GMT http://www.moneymarketing.co.uk/wrap-and-technology/fca-rebate-tax-risks-poor-consumer-outcomes/1070227.article http://www.moneymarketing.co.uk/wrap-and-technology/fca-rebate-tax-risks-poor-consumer-outcomes/1070227.article Regulator says HMRC tax on rebates could mean poor outcomes for those in bundled funds. Thu, 2 May 2013 00:00 GMT http://www.moneymarketing.co.uk/wrap-and-technology/fca-legacy-payment-ban-will-improve-competition/1070247.article http://www.moneymarketing.co.uk/wrap-and-technology/fca-legacy-payment-ban-will-improve-competition/1070247.article Regulator says clean prices for new and legacy business will increase platform competition. Thu, 2 May 2013 00:00 GMT