Wrap/platforms

Nucleus CEO David Ferguson has revealed the IFA-owned wrap will be profitable in a matter of weeks and says February has been a stand-out month in terms of inflows.

Clive Waller, managing director of CWC Research, discusses the contentious issue of platform charging.

On his first anniversary since taking over as Cofunds CEO, Brett Williams explains how he has shaken up the platform business.

Revenues at Axa Wealth fell 23% last year to £474m as the recession hit bond and pension sales.

Cofunds is teaming up with Suffolk Life to launch a personal pension plan on the platform in Q1.

Skandia Investment Solutions is slashing 150 jobs as part of a cost-cutting programme, but the platform has stressed the move will have minimal impact on adviser services.

Prosperity IFAs & Stockbrokers, the firm established by three former Edward Jones advisers, has selected Ascentric to power its whole of market model.

Platforms should come under the same whole of market regulatory scope as investment products post-RDR, according to advisers.

Richard Goodall, sales and marketing director at Ascentric, reveals his 10 pointers for adviser success in the year ahead.

Aviva is removing initial charges from its newly-reopened wrap proposition from 15 February to the end of the year.