Wrap/platforms

Chris Read looks at changes in the disclosure landscape in the run-up to RDR with a focus on adviser charging, and asks the question: Is this all moving fast enough to get systems in place to automate these changes?

Software provider IntelliFlo is putting in place a four year £10m investment programme whilst also announcing an enhanced integration with the Standard Life wrap.

Novia has appointed Sally Stephens, formerly of Skandia, as head of operations.

The FSA has fined Integrated Financial Arrangements plc, which offers the Transact platform, £3.5m for failings in relation to its protection of client money over an eight-and-a-half year period.

Hargreaves Lansdown has added an "ultra-low-cost" UK tracker fund to its Vantage platform.

Advisers should consider the ownership of a platform when doing their due diligence as foreign-owned platforms are historically more likely to pull out of the market, according to Ascentric managing director Hugo Thorman.

Axa Wealth's Gary Thompson, Ascentric's Hugo Thorman and IFA Mark Hughes joined Lawrence Gosling for a debate on the future of platforms

Transact has been added to Suffolk Life's self-invested wrapper SmartSIPP.

Cofunds is urging the FSA to clarify its stance on legacy commission following confirmation the regulator is pushing ahead with a proposed ban on the payments.

Ashcourt Rowan Asset Management has announced its Managed Portfolio Service is available on the Ascentric wrap.