Ascentric Wrap

        Ascentric posts £0.6m loss after tech spend

        Professional Adviser | 17 Sep 2014 | 12:10

        Ascentric has posted a £0.6m loss for the 2013 financial year after “significant” investment in technology which cost it £1.6m.

        hugo-thorman
        hugo-thorman

        Royal London's Taylor to take over as Ascentric MD

        Jon Taylor, head of the former Co-op life insurance business, is to replace Hugo Thorman as managing director of platform Ascentric.

        Professional Adviser | 28 Jul 2014 | 11:33
        hugo-thorman

        Ascentric follows Barclays Stockbrokers by cutting SIPP charges

        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.

        Professional Adviser | 03 Jun 2014 | 08:15

    Other Ascentric Wrap articles

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      The clock is ticking: IFAs and the execution-only play

      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…

      IFAonline | 27 Feb 2014 | 14:28
      newton-s-cradle

      Fallout: How the D2C price war could infect the advised market

      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

      IFAonline | 27 Feb 2014 | 07:00
      portfolio89

      Charles Stanley rolls out portfolio service to five platforms

      Charles Stanley has rolled out its Collectives Portfolio Service to five platforms.

      IFAonline | 24 Feb 2014 | 13:35
      royal-london

      RLAM reports record 2013 for new business in strong Royal London results

      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.

      IFAonline | 12 Feb 2014 | 10:22
      Money From the Tap

      Baby steps: Are profitable platforms now a permanent fixture?

      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

      IFAonline | 02 Dec 2013 | 10:46
      Arrow Chart

      Ascentric AUA passes £7bn milestone

      A record year to date performance has taken Ascentric and IFDL past the £7bn milestone for assets under administration.

      IFAonline | 22 Nov 2013 | 12:37
      Money From the Tap

      Transition: How bulk transfers break down after FCA guidance

      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.

      IFAonline | 21 Nov 2013 | 14:36
      etfcards

      Exchange traded products: The post-RDR boom product?

      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

      IFAonline | 21 Nov 2013 | 14:28
      persuasive

      What’s driving the move to multi-platform use?

      The number of advisers using multiple platforms is on the rise. Henry Brennan finds out what’s behind the shift away from relying on a single investment platform…

      IFAonline | 29 Oct 2013 | 17:11
      Two people shaking hands

      Investment company sales on platforms up 53% - AIC

      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.

      IFAonline | 21 Oct 2013 | 11:35
      adviser

      Control freaks: Who should carry out share class conversions?

      Are advisers better off leaving fund share class conversions to platforms (as some have suggested), or should they carry it out themselves?

      IFAonline | 26 Sep 2013 | 11:26
      magnify-money

      Who should foot the bill for using platforms?

      If it is advisers who are reaping most of the benefits from using a platform, Henry Brennan asks, should it still be something clients are expected to pay for?

      IFAonline | 19 Sep 2013 | 07:00
      hugo-thorman

      IFDL and Ascentric report 20% rise in total assets in H1

      Wrap platform Ascentric and institutional arm IFDL grew combined total assets by 20% over the first six months of the year to £6.2bn.

      IFAonline | 27 Aug 2013 | 11:24
      hugo-thorman

      IFDL selects Bravura Solutions as back office technology provider

      Investment Funds Direct Limited (IFDL) has selected Bravura Solutions as its preferred back office technology partner.

      IFAonline | 04 Jul 2013 | 14:07
      holt-natanje

      The growth of D2C platforms

      Natanje Holt asks whether the growth of the D2C platform market is one benefit from RDR

      Retirement Planner | 25 Jun 2013 | 11:13
      ascentric

      Ascentric predicts re-registration ‘chaos’ following platform paper

      Ascentric has become one of the first platforms to explicitly rule out lobbying for super-clean share classes.

      IFAonline | 23 Apr 2013 | 12:02
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      Fund groups face pressure to introduce ‘bare’ 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.

      IFAonline | 09 Apr 2013 | 12:27

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