Standard Life has suffered net outflows for its UK retail business, following an 11% rise in redemptions.

Advisers are equally split on whether the Retail Distribution Review (RDR) will have a beneficial impact on the industry, according to Skandia.

DFM

Aviva has added discretionary fund manager London & Capital's (L&C's) 13 portfolios to its platform.

Axa is considering allowing small firms access to its Self Investor service, which lets advisers provide a restricted direct-to-consumer proposition to clients.

The Serious Fraud Office (SFO) has launched a joint investigation with Essex Police into complaints in relation to the Harlequin group.

AXA Wealth had added more than 1,000 additional clean share classes to its Elevate platform, taking the total available to 1,600.

Delays to the Financial Services Authority's (FSA's) platform paper risks damaging the industry, according to a law firm, with life companies and self-invested personal pension (SIPP) providers most likely to benefit.

FIVE THINGS

Nucleus has passed £5bn assets under administration (AUA) on its platform.