New flexible drawdown product due to launch.
Adviser-owned wrap Nucleus has launched it annuity portal to the wider market on its platform following a pilot.
Square Mile has partnered with Cofunds to offer fund research.
The Daily Telegraph appears to have gone against its own editorial stance on exit charges by charging transfer fees on its new direct platform proposition.
Bank is reportedly looking at platform launch next year for new and existing customers.
The Platforum is hosting its annual Female Investment Forum to bring together women from across financial services to network and discuss their perspective on the world of investment.
Hamish Purdey replaces Nick Eatock, who has been named executive chairman, in the role.
Former Axa Elevate chief operating officer Andrew Smith is returning to Nucleus as chief technology officer.
Vaswani joins The Platforum as head of adviser distribution relationships after seven years at Fidelity.
RBS subsidiary Ulster Bank has been fined for IT failings that left 600,000 customers without essential services for a month,
Free online tool allows advisers to compare various platforms and providers’ approaches to adviser charging.
Philip Goffin joins from Calastone to take up newly-created role.
Major platforms say they need to be more open and consistent in the information they give advisers.
Royal London-owned wrap Ascentric has appointed two senior Axa Wealth staff to head up its institutional sales and business development arms.
Advisers are increasingly picking platforms based on cost, creating a risk of poor quality service instead of value for money, The Platforum says.
Data loss issues with Iress’s back office system have been left unresolved for over a year.
Sale moves closer as private equity firms circle the platform.
Doug Heron takes up the role of CFO in January and will be responsible for overseeing finance, risk and compliance at the platform provider.
All major platforms set to join new industry group.
Axa Wealth grew its assets under management by 10 per cent to £27bn in the year to 30 September.
The platform says the move has been made to offer its self-directed intermediaries a Sipp product.
Hargreaves Lansdown has warned that continued low interest rates and the prevention of platforms to offer fixed term deposits is having a continued affect on revenues.
The changes will come in on 1 January.
Hargreaves Lansdown head of investment research Mark Dampier cites lack of good quality funds and fund managers.
IFDL institutional sales director Rob Beverley has left the platform provider to join newly launched firm Sentinel alongside Succession co-founder Andrew Smith.
Axa Elevate head of operations Mark Links and former Elevate chief operating officer Andrew Smith are set to leave the firm by the end of 2014.
Old Mutual is considering launching a direct-to-consumer proposition after the firm ditched the adviser-focused Skandia brand last month.
Chessell joined the firm in July 2012 and was formerly Skandia UK sales director.
Annuity providers are in talks with investment platform technology providers to power retirement income propositions from April next year.
The Skandia brand, which launched in the UK in 1979, disappears from today.
The Platforum has announced a number of management changes following the resignation of founder and managing director Holly Mackay.
Spend on new Bravura system pushes platform into £567k loss
News comes as Octopus signs an agreement with Novia to offer Octopus Inheritance Tax Service on the platform.
Nucleus chief financial officer Aileen Mathieson is to join Zurich as chief investment officer.
Money Marketing understands a number of banks and even fund managers are exploring options to build on their ability to deal direct with investors.
Advisers warn that providers widening their D2C presence must avoid overlap with advised client business
James Hay expecting to find “workable solution that fits within the new rules”.
Fund re-registration firm Calastone has appointed BNY Mellon head of transfer agency for EMEA and Asia Pacific Jon Willis as chief commercial officer.
Provider consulting with advisers over product development.
The £2.2bn deal with Manulife saw the firm pay £1.75bn to shareholders.