Wrap/platforms

Axa Elevate has increased the limit on the number of investments within model portfolios on the platform in response to adviser demand.

Believe it or not, we are nearly half way through the tax year and a lot has happened over the past six months.

More than half of IFAs plan to migrate the majority of clients' assets onto wrap platforms within the next two years, but uncertainty remains over compliance issues like cost, according to a survey.

UK equities overtook global specialist funds to become the second most popular asset class on the Skandia platform in the third quarter, with multi-asset funds remaining in the top spot.

Fidelity's FundsNetwork platform is to offer all new unwrapped investments, ISA, and pensions through clean share classes only by the end of the year.

Axa Elevate has teamed up with Winterflood Business Services to cut the cost of trading securities including ETFs across the platform by moving to an aggregated system.

American tracker funds were the preferred choice among Nucleus members in the third quarter, with the HSBC American Index emerging as the fastest growing fund on the platform.

Standard Life has unveiled the details of its unbundled charging structure, which it said will include discounts for some advised clients.

SUPER CLEAN

Cofunds has written to fund groups demanding contractual rights to the best share class deals in the market - as and when they become available.