Technology

REBATE BAN

Advisers are now able to build, run and trade share portfolios as actively as a fund manager - but with trades costing as little as 50p, a fraction of the usual cost, a firm has said.

A group of Nucleus IFAs have produced a free guide to risk management in advisory businesses.

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

Providers will scramble to buy distribution ahead of the Retail Distribution Review (RDR) and will buy up IFA businesses "left, right and centre", delegates at this year's Institute of Financial Planning (IFP) conference heard today.

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.

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.