View more on these topics

Standard Life’s platform assets up 26%

Standard Life increased the total assets under administration on its platform by 26 per cent from £10bn to £12.6bn to the year ending March 31, 2012.

In a first quarter interim management statement released today, the firm says the total assets under administration in the UK increased from £11.4bn in the three months from the end of December.

The firm says its platform accounts for over 200,000 customers.

The number of advisers on its wrap platform increased by 19 per cent from 874 to 1,040 year-on-year to the end of March. The average assets under administration per existing firm increased from £7.9m to £9.2bn at the end of March.

Total Sipp customers increased 24 per cent year-on-year to 141,000 and assets under administration increased from £15.6bn to £17.5bn.


Obstacle course

Controversy surrounding the proposed ban on non-advised sales – viewed by many advisers as an attempt to solve a problem that does not really exist – means a line cannot be drawn under the MMR just yet. Rachael Adams reports

Political whims stopping employers taking on risk

Experts have warned the Government that concerns over future political intervention could undermine attempts to encourage employers to take on more pension risk. Earlier this month, pensions minister Steve Webb outlined possible options for so-called “defined-ambition” provision. He said models could include encouraging firms to offer “cash balance” arrangements, where the company guarantees to deliver […]

Europe: why persist with value today?

By Rob Burnett, Neptune’s Head of European Equities The Neptune European Opportunities Fund remains committed to a value bias. We see a broadening array of opportunities in diversified industries at compelling valuations today. The most complicated part of the market is the European banks. We are currently overweight in this sub-sector as many banks are […]


News and expert analysis straight to your inbox

Sign up


    Leave a comment