Wrap/platforms

Justin Lowes, managing director of Lowes Wealth Management, examines platform charging pre- and post-RDR.

The term ‘fund supermarket' is redundant, outdated and misleading and confuses the real debate about which platforms provide the best service and execution, Cofunds says.

Aviva is replacing the annual management fee on its wrap with a lower flat charge for ISAs and collective investments.

Nucleus CEO David Ferguson has played down suggestions the launch of a new SIPP with Fair Investment marks an assault on the B2C market.

Skandia UK's gross sales broke the £6bn mark during 2010 as its platform helped drive its overall share of the market to a record high.

IFA support services provider True Potential has secured FSA authorisation to launch a wrap platform in the first quarter of the year.

Serenity Financial planning has become the latest firm to sign up to Nucleus as the IFA-owned wrap looks to substantially grow its number of member firms this year.

Cofunds is doubling the size of its platform consultancy team from eight to 15 people.

Skandia has launched a series of online videos designed to help advisers with client segmentation and explain platforms to clients.

Novia has recruited Pippa Russell as head of corporate communications.