Standard Life said advisers need to act to avoid being trapped in dying platform partnerships, as it predicted the market will shrink to a handful of providers.
Three advisers on what would prompt a platform switch
Zurich is planning to launch a drawdown product that allows clients to convert assets into an income for life at a chosen point in retirement.
Aberdeen Asset Management is to acquire discretionary fund manager and platform Parmenion.
Advisory firm Saunderson House has credited a 25% upswing in the number of new clients with a strategic focus on building relationships with customers "earlier in their career".
Royal London has sold the client bank of its old direct to consumer (D2C) fund platform, Fundsdirect, to online direct investment firm Strawberry Invest.
An award for the direct platform offering the most transparent and plain-English charges, terms and conditions has no recipient for the second year running.
Which platforms and planning tools have stood out for you in the last 12 months? Professional Adviser invites readers to vote for their favourites ahead of the premier event in the platform awards calendar...
Aegon has launched a ‘third-way' retirement income product on its platform which gives retirees access to drawdown with a guaranteed level of income.
Average investors have seen their platform costs tumble by almost a fifth in the last five years, according to research by the lang cat, but advisers are not favouring the cheaper options.