Wrap/platforms

Fund manager Hermes is to launch its UCITS range on a UK platform for the first time.

A third of advisers are still not qualified for the Retail Distribution Review (RDR), which comes into force in eight weeks, according to Aviva.

Fidelity has appointed head of platform operations Pat Shea to run its FundsNetwork platform.

Advisers using Morningstar Adviser Workstation will today be able to auto-import client data from the Cofunds platform.

Assets on Royal London's wrap platform Ascentric grew 42% to £4.7bn in the nine months to 30 September, with new inflows dropping 18% to £856m, according to latest figures.

Growth on its Elevate platform and within the Architas investment division helped Axa Wealth boost its assets under management (AUM) by 15% year-on-year in Q3.

The Financial Services Authority (FSA) has written to providers and platforms expressing its concerns about facilitating adviser charging payments.

Nucleus chief executive David Ferguson has criticised Skandia's plans to buy up restricted advice firms to increase distribution.

Fidelity FundsNetwork has resumed lobbying for bundled charging post-Retail Distribution Review (RDR), after releasing research showing 65% of advisers want the option to remain.

Novia has added ten Carmignac Gestion funds to the wrap - the first platform in the UK to do so.