Technology

The Financial Services Authority (FSA) will release its final consultation paper on the platform market before the Olympics begins, Investment Week understands.

Cofunds is negotiating with asset management firms to renew agreements made years ago which could see groups forced to pay extra lump sums to the platform.

FundsNetwork has fired a warning shot to fund managers, saying any "special deals" struck up with rival platforms will be revealed under the transparency principles underpinning Retail Distribution Review (RDR).

Saltus has launched a suite of discretionary multi-asset portfolios on the Nucleus and Novia wrap platforms.

This year's Aberdeen UK Platform Awards will once again recognise advisers, large and small, who have achieved excellence in running a platform-enabled business or practice.

Novia is launching a tool enabling advisers and discretionary fund managers (DFMs) to create and manage model portfolios online.

Capital Platform has launched a proposition designed to make research, compliance and investment into alternative products as efficient as possible for intermediaries.

Alliance Trust Investments has launched seven funds on the Novia platform as it looks to further grow its presence in the UK retail market.

MYTHBUSTERS

Nucleus has bolstered its wrap operations team with the appointment of former Standard Life man Martin Leckie as investment operations manager.