Wrap/platforms

Axa Wealth recorded a 45% rise in assets under management at its Elevate platform in the third quarter of the year, helping the group push its overall assets toward £25bn.

The Financial Conduct Authority (FCA) has set out what it expects from platforms and advisers when transferring investors from pre- to post-RDR unit classes.

Skandia has integrated with the Morningstar Adviser Workstation in order to help advisers with client portfolios analysis.

Customers of D2C platform Hargreaves Lansdown are likely to get lower prices if they transact business online.

Wrap and pension provider James Hay Partnership has said advisers and clients will have access to both bundled and clean share class funds in the lead up to 2016, depending on the cheapest total expense ratio (TER).

Investment company purchases on platforms by advisers and wealth managers are up 53% in the first six months of 2013 against the same period last year, research by the Association of Investment Companies (AIC) suggests.

Old Mutual Wealth Management has appointed ex-Cofunds chief executive Charlie Eppinger to the board as an independent non-executive director.

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.