Wrap/platforms

Evercore Pan-Asset has launched two OEIC funds on Ascentric which will invest in exchange traded funds (ETFs).

Glasgow-based adviser Strategic Asset Managers has joined wrap provider Nucleus as the business prepares for the RDR.

North-east national IFA network Moneygate - recently linked to the purchase of the Alpha to Omega (A2O) network - has selected Ascentric to power its wrap proposition.

The technology to develop employee benefits platforms is available today, but a lack of common standards makes integration one of the biggest hurdles facing their rollout, says The Platforum.

The majority of clients transfer out of with-profits funds following reviews, say advisers.

David Ferguson, CEO of Nucleus, assesses recent moves by wraps and platforms to clarify their pricing structures.

Novia has linked up with wealth manager London & Capital to offer 10 actively-managed portfolios.

Transact has cut its annual and switch charges and applied a new single rate for users.

Electronic communication between IFAs and their clients is set to surge over the next year, say advisers.

Cofunds CEO Brett Williams says the platform is evolving to offer all the features of a ‘wrap', despite the fact many advisers are happy with a simpler model.