DISTRIBUTION

Fidelity FundsNetwork has resumed lobbying for bundled charging post-Retail Distribution Review (RDR), after releasing research showing 65% of advisers want the option to remain.

Novia has added ten Carmignac Gestion funds to the wrap - the first platform in the UK to do so.

The technology firm behind the Cofunds platform is in talks to run a full platform service for the company, IFAonline understands.

Axa has finalised its adviser charging structure on the Elevate platform, with five different ways to charge clients, including an ad hoc payment option.

Barclays has launched Retail Distribution Review (RDR)-ready share classes on its active and passive funds and discretionary offerings.

The total number of consumers employing independent advisers has passed the number seeking advice from their bank, according to comparison website VouchedFor.

Platform giant Skandia's sales force is understood to be facing a significant reduction in numbers after the group - now known as Old Mutual Wealth - revealed there would be 200 jobs lost across the business.

Cofunds is planning to target life companies failing to attain traction in the platform market.

Assets on the Cofunds platform have risen by £9bn since the beginning of the year to £45bn, according to the provider.