View more on these topics

Ascentric marketing director exits

Ascentric sales and marketing director Mike Morrow has quit the company for a new role.

Morrow will be replaced by head of business development Justin Blower and head of marketing Sarah Lyons, who will lead sales and marketing, respectively, on an interim basis.

Ascentric managing director Jon Taylor says the Royal London-owned platform will consider its management structure following the implementation of its “project accelerator” technology upgrade.

“We can confirm that Mike Morrow has left to pursue a new role after 3 years at Ascentric and we wish him all the best,” Taylor says.

Morrow joined the firm in January 2012 from HSBC, where he was UK head of commercial wealth management.

He was previously Axa Wealth’s head of platform distribution.



Ascentric posts loss after £1.6m tech spend

The cost of moving to a new software system forced Ascentric into a £567,000 pre-tax loss for 2013, down from a £1.84m profit in 2012. Money Marketing revealed in April that Royal London-owned Ascentric would move directly onto the Sonata system as part of its deal with Bravura. Rival Nucleus, already a Bravura client, moved […]

Spotlight on charges 700x450.jpg

Ascentric unveils new charging model and cuts fees

Royal London-owned platform Ascentric has introduced a new “inclusive” charging structure to sit alongside its existing fee model. Under the new structure, investors are charged a flat 0.3 per cent up to £1m of assets, with a 0.1 per cent charge on additional funds over £1m. There will be no extra charge for fund trades […]


Ascentric appoints Axa Wealth’s Sarah Lyons as head of marketing

Wrap platform Ascentric has hired Sarah Lyons as head of marketing. Lyons joins from Axa Wealth, where she was senior marketing manager for the Elevate platform. Ascentric sales and marketing director Mike Morrow says Lyons’ understanding of communications and promotion will be “critical” as the firm prepares to overhaul its back-office systems next year. Lyons […]

Phil Young

Phil Young: Passing the liability buck to advisers

Regulatory fees are rocketing and advisers are being asked to accept more risk into their business. At the same time, advisers are regarded as low risk compared to other parts of the industry. Something needs to change if the FCA is to fulfil its responsibility to encourage healthy competition among all aspects of financial services, […]


News and expert analysis straight to your inbox

Sign up


    Leave a comment


    Why register with Money Marketing ?

    Providing trusted insight for professional advisers.  Since 1985 Money Marketing has helped promote and analyse the financial adviser community in the UK and continues to be the trusted industry brand for independent insight and advice.

    News & analysis delivered directly to your inbox
    Register today to receive our range of news alerts including daily and weekly briefings

    Money Marketing Events
    Be the first to hear about our industry leading conferences, awards, roundtables and more.

    Research and insight
    Take part in and see the results of Money Marketing's flagship investigations into industry trends.

    Have your say
    Only registered users can post comments. As the voice of the adviser community, our content generates robust debate. Sign up today and make your voice heard.

    Register now

    Having problems?

    Contact us on +44 (0)20 7292 3712

    Lines are open Monday to Friday 9:00am -5.00pm