Wrap/platforms

Skandia UK sales director Steve Powell has announced his intention to retire at the end of the year after 23 years with the company.

Alliance Trust Savings (ATS) plans to shore up the number of funds available on the platform over the next four months as part of a final active expansion drive.

WHO'S BEST?

Wrap platform Ascentric and institutional arm IFDL grew combined total assets by 20% over the first six months of the year to £6.2bn.

Customer agreed remuneration (CAR) gives clients the final say on how much they pay for advice but some providers still put ‘decency limits' in place. Carmen Reichman finds out why.

Capital Platform, the alternative investment platform, has re-launched and is now offering bespoke professional indemnity cover for new or existing advisory firms it does business with.

Aviva has emerged as the highest ranked platform in the Platforum's market monitor for the third quarter.

COST-CUTS

Capita Financial Software has added Platform One to its research and comparison service, Synaptic Comparator.

Skandia has appointed Standard Life Investments' (SLI's) head of regional client marketing Alistair Campbell as head of investment marketing.