Wrap/platforms

The Platforum has beefed up its team with three new hires as it gears up for growth in the digital and corporate markets.

Platform rebates were at the top of the agenda when IFAonline interviewed Skandia chief executive Peter Mann live on Twitter this afternoon.

Axa Wealth is developing an execution-only platform in a bid to help IFAs service 'orphan' clients.

Platform giant Cofunds has asked fund groups to commit to developing commission-free share classes by November as it moves to align itself with RDR.

In the wake of RDR, platforms have an opportunity to consolidate their position by providing advisers with all the tools to succeed, says David White, head of Fidelity FundsNetwork.

New Openwork chief executive Mary-Anne McIntyre said the network will break its exclusive platform tie-up with Zurich UK Life as she expects the needs of clients within its diverse adviser base to draw special attention from the FSA.

Axa Wealth is developing a consumer-driven version of Elevate which will allow advisers' clients to transact directly on the platform.

Ascentric sales and marketing director Richard Goodall has resigned after two years with the business.

Skandia has hit out at FundsNetwork's decision to disclose its fees, suggesting the move was prompted by a desire to placate B2C investors.

Skandia UK's chief executive Peter Mann will this Friday take part in IFAonline's first ever Twinterview and advisers are being encouraged to put forward their questions.