Wrap and platforms


Aegon director joins tech company

Aegon‘s transformation director Elaine Maddison has joined a technology firm specialising in managing cloud-based solutions. She will start work at Brightsolid in January and has around two decades of experience in the financial services industry. Maddison has worked at Aegon since September 2016 where she was initially responsible for the delivery of customer service for […]


Pensions minister urges providers to use e-signatures

The pension industry is changing rapidly, supported by this government’s development of the pension dashboard, the introduction of collective defined contribution pension schemes and a consultation on the regulation of defined benefit superfunds. We are unleashing innovation and opening up options for pension schemes members and employers. These reforms will bring the pension industry into the […]

Aberdeen launches investment trust to ‘democratise’ sustainable finance

Aberdeen Standard Investments will soon make an initial public offering for an investment trust it says will transform sustainable finance. ASI has been gathering expressions of interest for the trust which has a target size of £200m and capacity for initial investments of up to £350m. The trust will invest primarily in private markets and […]


Wealth bigger concern than health for those nearing retirement

Those nearing retirement are more concerned about a hole in their finances than failing health, according to research by Hargreaves Lansdown. The direct to consumer platform asked people to pick their top three retirement fears and found 48 per cent said not having enough money was most concerning. Second on the list was becoming ill, […]

FNZ provides blockchain tech for impact investing platform

Platform technology provider FNZ has supplied the blockchain system powering The Big Issue’s new impact investment platform. The Big Exchange platform will offer funds from fund managers, including Aberdeen Standard Investments Columbia Threadneedle, Alliance Bernstein and Alquity. Big Issue Invest says the platform will bring social and environmental funds direct to retail consumer for the first […]

The platform puzzle: Are in-house funds and models a conflict?

Platforms have brushed aside concerns that running their own funds and model portfolios could lead to conflicts of interest, saying they have the safeguards in place to prevent such issues arising. As submissions to the FCA’s probe into the market have now closed, Money Marketing asks if more attention should have been turned to flows […]

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Nucleus set to float on AIM

Platform Nucleus is listing on the Alternative Investment Market in a deal that could value it around £150m. Dealings in the shares are expected to start on AIM later in July. Reports emerged in March Nucleus was considering listing on the London Stock Exchange and had appointed a broker to oversee an IPO. Sky News reported last week […]

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True Potential in-house fund range more than doubles to £4bn

True Potential has grown assets in its discretionary portfolios by £2.1bn in 2017. In its annual results, published today, the platform says it has attracted £3.8bn assets in its in-house funds in 2017, up from £1.7bn in the previous year. Assets into the funds were at £0.7bn in 2015. Since launch in October 2015, True […]


Moneybox mulls Sipp launch

Mobile savings app Moneybox is eyeing the launch of a Sipp, joining other digital wealth managers entering the retirement arena, Money Marketing understands. Moneybox allows customers to allocate small amounts of savings towards investment plans by rounding up card payments to the nearest pound. In April 2016, Moneybox was among the small number of direct-to-consumer […]


James Hay reviewing products after biofuel saga

James Hay is reviewing its older products, following its well-publicised issues with the Elysian Fuels biofuel investment scheme. James Hay revealed last May it is involved in a legal dispute with HM Revenue & Customs around unpaid tax on biofuel scheme investments. Speaking to Money Marketing, James Hay chief executive Alastair Conway says it is investigating […]