Wrap/platforms

AXA Elevate is to lower the discount it offers to users who buy the group's own Architas fund range in 2013.

Skandia's business proposition director, Richard Vincent, is set to leave the business at the end of November.

Standard Life's Global Absolute Return Strategies fund has dropped out of the top ten highest inflows on Fidelity FundsNetwork, according to data from the platform.

Fidelity FundsNetwork has urged regulators and the Treasury to urgently clarify its rules on adviser charging.

High-net worth wrap provider Platform One and Seed EIS are to launch an integrated platform for Enterprise Investment Schemes.

Nucleus chief executive David Ferguson has called into question the validity of platforms charging on a basis point scale.

Cofunds has begun writing to the 400,000 advised clients on the platform, explaining its finalised 'disturbance' rules on legacy assets.

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.