AXA Elevate topped the Platforum's leaderboard for Q2 2012, with assets under administration (AUA) up 7% from £4bn to £4.3bn.
Insurer Zurich has reported a 7% increase in profits or the first half of the year.
The Money Advice Service (MAS) referred just 0.2% of its 1.3 million users to regulated financial advice last year, it has been revealed.
Wraps are beating fund supermarkets in attracting new business despite Cofunds' jump to the top of the platform league tables, according to latest figures.
Discretionary fund manager Brooks Macdonald is to make its administration services available to adviser clients, following "significant demand".
Asset management boutique Newton, a subsidiary of BNY Mellon, is set to launch fully unbundled Retail Distribution Review (RDR)-ready share classes across its entire fund range in September.
Technology provider GBST has been selected by Fidelity to provide its administration and registry software.