Technology

Adviser network Openwork has announced that assets have reached £1bn, across its own platform and the Zurich investment platform.

Wrap platform Nucleus has reported a 34% increase in inflows, year on year, boosted by a post-Retail Distribution Review (RDR) surge in business.

Allfunds Bank has appointed former Legal & General (L&G) platforms and policy director Danny Wynn as head of fund groups for UK, Ireland and the Middle East.

Hargreaves Lansdown is to unveil its long-awaited unbundled pricing model on 15 January.

Skagen has launched RDR-compliant clean share classes in the UK for its Kon-Tiki, Global and Vekst equity funds.

Charles Stanley Direct has cut its share dealing rate by 25% to £7.50 per trade for the whole of January, in a bid to encourage clients to annually rebalance their portfolios.

Alliance Trust Savings (ATS) is increasing the annual administration fee for the platform by up to £35 from the start of February.

Hargreaves Lansdown co-founder Peter Hargreaves has donated close to £1m in company shares to charity.

Midlands-based financial planning business Clay Rogers & Partners has joined Succession Advisory Services.

Rayner Spencer Mills Research (RSMR) has made its fund ratings service available through Cofunds.