Wrap/platforms

AJ Bell has announced a launch date for its upgraded Sippcentre platform, which will include a low cost investment ISA and dealing account.

Capita Financial Software is developing an ‘on and off' platform comparison service as part of its Synaptic Comparator tool.

Skandia UK has announced gross sales via Skandia Investment Solutions (SIS) have reached £2.5bn this year with the platform now accounting for nearly 80% of the group's sales.

Novia has signed a two-year sponsorship deal with Bath Rugby Club.

Four new firms have taken an equity stake in IFA-owned platform Nucleus.

Ascentric has hit the profitability milestone on the back of a record 72% increase in new assets for the first quarter of the year.

Fidelity International's Julian Webb says platforms can go beyond merely helping advisers ease the regulatory burden of RDR.

Nucleus member firms are opening their doors to fellow advisers in a series of open days designed to showcase the benefits of belonging to an adviser-owned wrap.

Sanlam Private Wealth has launched a specialised wrap for advisers outsourcing to discretionary managers.

The FSA has already decided final rules governing platforms ahead of publication of its policy paper in July and will "not budge" on the proposal to ban cash rebates.