Wrap/platforms

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Axa Wealth is to drop charges associated with drawdown and its Pension Investment Account on its Elevate platform.

Old Mutual Wealth, the UK's third largest adviser platform with funds under administration of £30bn, will begin bulk converting any remaining clients in bundled share classes to unbundled in February 2015.

Nucleus has boosted assets under administration by 25% year-on-year in the third quarter after a strong summer for gross inflows.

All change please: What the platform rebate bans means in practice

Investors wishing to move from direct-to-consumer to adviser platforms face "punitive" exit fees, according to analysis by the lang cat.

In this week's quick fire RP poll we ask RP readers: Should withdrawals from pension pots to fund long-term care costs be made tax free?

Friends Life may offer multi-asset funds when it launches its retail platform in April next year, its chief executive has confirmed.

Platforms saw the rate of assets under administration (AUA) growth jump by almost a fifth in the third quarter of 2014, according to research from Fundscape.