Fidelity FundsNetwork and Skandia have completed the first electronic in-specie transfer of assets between two rival platforms - a key requirement of Retail Distribution Review (RDR).
Cofunds has become the UK's first platform to pass £50bn of assets under administration (AUA).
Platforms are questioning whether delays among the 'big three' propositions in listing investment trusts (ITs) may be compromising the independent status of the advisers who use them.
Discretionary fund managers (DFMs) have expressed scepticism at Skandia's claim its fund panel will be able to compete with them on price.
Fidelity FundsNetwork has admitted a backlog of developments has led to delays in the listing of investment trusts (ITs) on the platform.
Platform giant Hargreaves Lansdown has said it is ready for any price war started by rivals looking for a foothold in the direct to consumer market.
Novia has appointed its second sales manager recruited from insurer Zurich.
Lighthouse will use Elevate as one of the core components of its restricted advice offering.