Wrap/platforms

FundsNetwork has extended its managed solutions offering with the launch of a risk-profiling service for its multi asset range.

Platform assets increased to £173bn in the final quarter of last year - despite a drop in sales owing to ongoing economic uncertainty, research suggests.

The Tax Incentivised Savings Association (TISA) has completed the initial stages of its platform re-registration project, and a contract club will now have responsibility for delivering electronic transfers.

Jeremy Gleeson, portfolio manager at AXA Framlington, explains why interest in the technology sector is gaining pace.

With the average cost to an IFA for moving clients between platforms at £1,000, it makes sense to get clients in the right proposition from the start, writes Nucleus's Terry Huddart

Investment manager Hargreaves Lansdown today said it delivered record underlying profits of £72m in the second half of last year.

A private equity firm has taken joint control of FNZ, the platform provider powering the Standard Life and Elevate wraps.

The FSA has warned advisers about "conflicts of interest" arising from holding shares in platforms.

Ascentric saw net new assets rise 8% in 2011 after 226 extra adviser firms signed up to the Royal London-owned wrap.

Platforms are yet to make the national press but, when they do, threesixty's Phil Young fears it'll likley be due to another sorry tale of behind-the-scenes money exchange between manufacturer and adviser...