Novia has switched to its retail distribution review (RDR)-compliant model, effective immediately.

Skandia has agreed terms with Artemis and Invesco Perpetual to add its funds to its restricted panel launching next year.

Advisers will be unlikely to pay more than 30bps in platform charges next year, according to Fidelity FundsNetwork.

FIVE THINGS

Firms and individuals are to be encouraged to self-report on instances of market abuse, a senior Financial Services Authority (FSA) figure has said.

Axa has announced its Architas fund range will be available on third-party platforms for the first time.

Wrap platform Ascentric has passed £5bn of assets under administration, an increase of 36% since the start of 2012.

AXA Wealth's Elevate platform has passed £5bn of assets under administration (AUA), a rise of 40% since the start of 2012.

Two major platforms are considering adding to their charging options after advisers suggested they - rather than their client - could pay the platform administration charge.

The Bank of England has held the base interest rate at 0.5%.