Wrap/platforms

The UK Platform Group, formed from the UK's biggest platform providers, will agree implementation of a new re-registration solution over the next six months, with full roll-out to meet the RDR deadline at the end of 2012.

Independent wrap platform Ascentric has been chosen by Skerritt Consultants to help grow its wealth management business.

Standard Life is ditching its £240 SIPP and offshore wrapper charge after analysing its pricing structure.

Fidelity FundsNetwork has linked with Clerical Medical to give its users access to 36 new funds.

Wrap provider Novia says the FSA failed to pick up on the lack of transparency in client charges in the platform sector in its recent Consultation Paper.

Jackie Ison outlines the benefits of using wrap and looks at some of the challenges ahead