Technology

Alliance Trust Saving has launched an intermediary website following what it said was a four-fold increase in advised business written through the platform.

Some asset management and platform firms are displaying "common weaknesses" in their defences against money laundering, bribery and corruption, the Financial Conduct Authority (FCA) has said.

The Financial Conduct Authority's (FCA) head of asset management has given his stamp of approval to the current round of negotiations between asset managers and platforms, saying it is a good sign for industry pricing.

Financial services software provider Avelo will be brought under the IRESS brand from the 1st of November, following the acquisition of the business by IRESS in September.

Standard Life's sales of long term savings products increased significantly in the first nine months of the year on the back of auto-enrolment.

RE-REG

CIPs

PLATFORMS

At Retirement Choices (ARC), the investment platform soft launched two years ago by provider Aegon, has gained more than £1bn assets under management.

Axa Wealth recorded a 45% rise in assets under management at its Elevate platform in the third quarter of the year, helping the group push its overall assets toward £25bn.