Wrap/platforms

Parmenion's platform has passed £500m of assets under administration, with monthly inflows quadrupling year-on-year to £30m.

Standard Life has signed a five-year platform distribution deal with Royal Bank of Scotland (RBS).

Alliance Trust Savings (ATS) will launch a new flat-free pricing model later this month, in an attempt to grow its advised business.

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Advisers are now able to build, run and trade share portfolios as actively as a fund manager - but with trades costing as little as 50p, a fraction of the usual cost, a firm has said.

A group of Nucleus IFAs have produced a free guide to risk management in advisory businesses.

Skandia head of digital marketing, Jeremy Mugridge, has left the business to join a product design agency.

Providers will scramble to buy distribution ahead of the Retail Distribution Review (RDR) and will buy up IFA businesses "left, right and centre", delegates at this year's Institute of Financial Planning (IFP) conference heard today.

There is no longer any "good reason" why clients should pay above 40 basis points (bps) for access to a platform, an analysis of the market has concluded.