Skandia head of digital marketing, Jeremy Mugridge, has left the business to join a product design agency.

There is no longer any "good reason" why clients should pay above 40 basis points (bps) for access to a platform, an analysis of the market has concluded.

Two marketers acting on behalf of claims management companies have been fined £250,000 by the Information Commissioner's Office, in the first case of its kind.

Aviva has renewed its wrap administration deal with Citi that takes the partnership through to 2022.

Platform software provider FNZ has reported pre-tax profits of £20.7m for 2011 - double its predicted target.

Ascentric has confirmed its post-Retail Distribution Review (RDR) plans, including the banning of legacy commission.

Advisers are confused about the rules over independence and single platform use, according to data from Skandia.

National IFA Positive Solutions has posted a pre-tax loss of £360,000 for 2011, compared to £2.1m the previous year.

Restricted network Openwork is expected to post a £13.3m pre-tax loss after a "significant" Retail Distribution Review (RDR) outlay.

Platforms could see a sharp rise in operating costs if multiple share classes exist for pre- and post- the cash rebate ban, according to the Tax Incentivised Savings Association (TISA).