Assets on the Ascentric platform have passed £2bn with total assets under administration (AUA) surging 75% since the start of the year.

The head of newly-formed Axa Wealth says its Elevate platform will hit the profitability mark of £7bn AUM within three years and emerge victorious from the current "platform battle".

Standard Life head of trading Mark Polson is leaving the company.

The full extent of Norwich & Peterborough clients' over-exposure to Keydata products has been laid bare as law firm Regulatory Legal says the issue will likely end in the courts.

SimplyBiz chairman Ken Davy has warned restricted advice will be "bad for the consumer and bad for professionalism".

Financial regulators have reached a deal to force global banks to double the spare cash they hold in the biggest shake-up since the economic crisis nearly brought down the system.

Advisers are shifting their attention to more affluent clients amid fears the mass market will be unwilling to pay fees for advice post-RDR, research suggests.

Banks and miners have powered the FTSE to a four-month high in afternoon trading after the Bank of England held interest rates at their historical lows.

A financial aggregation service claiming to herald a "revolution" in client data-gathering has launched amid a surge of FSA fines for failing to comply with the "know your client" rule.

The Bank of England has held interest rates at 0.5%, marking the 18th consecutive month they have been at this historical low.