Wrap/platforms

The Financial Services Authority(FSA) is planning to delay the release of the final rules for platforms until 2013, Investment Week can reveal.

London & Colonial's multi-platform self invested personal pension (SIPP) and multi-platform open annuity have been made available via the Cofunds platform.

Axa Wealth has unveiled its post-Retail Distribution Review (RDR) tiered pricing structure, which will come into force from January.

AXA Wealth will put its platform at the centre of its business operation after the Retail Distribution Review (RDR) and is set to cut its pricing model significantly.

Aviva has launched an additional two pension levels on its platform to sit alongside its current self-invested personal pension (SIPP) business.

PLATFORMS

The Lang Cat's Mark Polson gives details of the Zurich retail platform following his sneak preview at the Scottish Institute of Financial Planning (IFP) Conference yesterday.

Skandia will switch to its unbundled platform pricing model on Tuesday 18 December - two weeks before the Retail Distribution Review (RDR) deadline.

Old Mutual Wealth is planning to turn around its Skandia platform by halving costs as a proportion of FUM after the business made a £5m loss in the first half of 2012.

Investment Funds Direct Limited (IFDL) will power SimplyBiz's Verbatim Product Centre, that launches next month.