Technology

Novia has been voted best platform by IFAs using the Platforum as the smaller players win the ratings battle.

Nucleus has hit break-even point after recording its first profitable month in April.

The FSA's current proposals on banning rebates could be detrimental to clients, writes Gary Shaughnessy, UK managing director at Fidelity International

Industry players have joined forces to fund a platform re-registration delivery project which aims to have a system in place by next year.

Asset allocation will be the focus of Cofunds' summer platform conference which kicks-off in Harrogate on 9 June.

A series of regional adviser briefings unveiling a new platform comparison service along with regulatory guidance ahead of the RDR is set to roll out next month.

The FSA could be forced into a major U-turn on platform regulation as the UK's big three providers, with over 80% of total assets, labeled its proposals as "unworkable" in responses to the Discussion Paper.

Cofunds' profits fell to £2.3m last year as the market downturn took hold, but the company underlined its "strong position" owing to a surge in assets onto the platform.

Ascentric has appointed 1st - The Exchange technology chief Jon Finn as IT director.

With the number of propositions soaring and the FSA issuing strict guidance, advisers need to carry out careful due diligence when picking the right platform for clients, writes Skandia's Jeremy Mugridge.