Jon Taylor, head of the former Co-op life insurance business, is to replace Hugo Thorman as managing director of platform Ascentric.
Platform Ascentric has removed the set up and transfer-in costs on its in-house self invested personal pension (SIPP) and cut its annual tax wrapper fee from £150 to £100.
Other Ascentric Wrap articles
The D2C market is rapidly expanding but advisers have, so far, been reluctant to dive into execution only. Henry Brennan asks why and finds out if things are changing…
Could the intense price war among D2C platform providers spill over into the advised space? Henry Brennan finds out what it could mean for long term sustainability
Charles Stanley has rolled out its Collectives Portfolio Service to five platforms.
Royal London Asset Management (RLAM) has reported a record year for external new business in 2013, with gross inflows up almost 70%, a highlight in a strong set of results for its life company parent.
For the first time ever the platform industry nudged into collective profitability last year. But was this a one-off or the start of the industry's permanent move into the black
PA asked platform providers that are adopting a bulk transfer approach what proportion of funds are currently more expensive and how that will impact the conversion process.
Interest - and retail money - in exchange traded products (ETPs) has been rising steadily over the past few years, and seems to have accelerated since the RDR. Laura Miller asks why - and what – it means for advisers and investors
Investment company purchases on platforms by advisers and wealth managers are up 53% in the first six months of 2013 against the same period last year, research by the Association of Investment Companies (AIC) suggests.
Are advisers better off leaving fund share class conversions to platforms (as some have suggested), or should they carry it out themselves?
Wrap platform Ascentric and institutional arm IFDL grew combined total assets by 20% over the first six months of the year to £6.2bn.
Investment Funds Direct Limited (IFDL) has selected Bravura Solutions as its preferred back office technology partner.
Ascentric has become one of the first platforms to explicitly rule out lobbying for super-clean share classes.
Platforms may be forced to abandon plans for ‘super-clean’ share classes as the number of firms demanding the special terms continues to rise, according to a consultant.
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