Nucleus Financial CEO David Ferguson has said he believes the wrap has hit "sustained profitability" after it posted record first-half profits.

Investment Funds Direct Limited (IFDL) has selected Bravura Solutions as its preferred back office technology partner.

The majority of advisers are preparing to carry out extra platform due diligence following the publication of the Financial Conduct Authority's (FCA) platform paper.

Standard Life has integrated its portfolio analyser tool with its platform propositions and made a number of enhancements to the tool on Adviserzone.

The Financial Conduct Authority (FCA) is being urged to include an 'opt out' clause for clients when platforms begin switching clients to 'clean' funds en masse.

Transact head of marketing Malcolm Murray has announced his intention to depart the firm after nearly 13 years employment.

Financial adviser support group SimplyBiz has reported a pre-tax profit of £3m for the year ending 31 December 2012, up 15% on the £2.5m figure recorded for 2011.

Here are five things clients may have read in the weekend's papers…

Axa Wealth has appointed Skandia's former head of proposition Graham Bentley as the interim head of fund group relations.

The majority of adviser firms anticipate placing more than 75% of new assets in clean share classes, according research carried out by AXA Wealth.