Technology

After months of procrastination and frantic lobbying behind the scenes, the FSA has finally unveiled its latest thinking on platforms.

Advisers who wish to be independent post RDR can use a single platform for the 'majority' of their clients if it is in their best interests, the FSA proposes today.

The FSA today said in its long-awaited consultation paper platforms can continue to receive rebates from fund managers.

Nucleus CEO David Ferguson has stressed the wrap's ownership structure will remain unchanged after its rights issue which is progressing ahead of schedule.

Novia has appointed former Cofunds national sales manager Paul Rose as regional sales manager for the North East.

Software provider Focus Solutions, whose major clients include Tenet Group and AWD Chase de Vere, is in preliminary discussions over a possible takeover of the company.

IFA Life has revealed it is putting together a statement of best practice and guidelines to help advisers make the most of social media.

A new breed of platform players, catering to the restricted advice, stock-broking and corporate wrap sectors, is poised to shake up the sector, according to MD of the Platforum consultancy, Holly Mackay.

Advisers must consider the likelihood and impact of platform providers' exit strategies on their clients when carrying out due diligence, warns Skandia.

Skandia UK has posted a near 140% surge in sales during the first nine months of the year as RDR drives demand for its SIS platform.