Professional Adviser www.professionaladviser.com Will IFA-owned platforms take over the financial advice sector? <img alt="Will IFA-owned platforms take over the financial advice sector?" src="https://www.professionaladviser.com/api/v1/wps/2c93733/57853767-12f6-4931-962a-90b538456f6f/17/Sahar-Nazir-45-Edit-roi-2-185x114.jpg" /> <p><!--summary start--> As the financial advice industry continues to evolve, the role of adviser-owned platforms is gaining prominence. Yet, amidst the buzz surrounding this model, questions linger: Will adviser-owned platforms dominate the sector? What are the advantages and disadvantages of having an in-house platform? Sahar Nazir gauges opinion... <!--summary end--></p> https://www.professionaladviser.com/api/v1/wps/2c93733/57853767-12f6-4931-962a-90b538456f6f/17/Sahar-Nazir-45-Edit-roi-2-185x114.jpg https://www.professionaladviser.com/feature/4190004/adviser-owned-platforms-financial-advice-sector https://www.professionaladviser.com/feature/4190004/adviser-owned-platforms-financial-advice-sector https://www.professionaladviser.com/feature/4190004/adviser-owned-platforms-financial-advice-sector Wed, 27 Mar 2024 14:33:01 +0000 CGT support from platforms now 'adviser must have' <img alt="CGT support from platforms now &#39;adviser must have&#39;" src="https://www.professionaladviser.com/api/v1/wps/fe22184/e6af6579-f597-4129-934f-1c3509721770/2/iStock-1459488727-185x114.jpg" /> <p><!--summary start--> Advisers are utilising capital gains tax (CGT) support services from platforms more readily as personal allowances fall, analysis from Financial Software has found. <!--summary end--></p> https://www.professionaladviser.com/api/v1/wps/fe22184/e6af6579-f597-4129-934f-1c3509721770/2/iStock-1459488727-185x114.jpg https://www.professionaladviser.com/news/4190289/cgt-support-platforms-adviser https://www.professionaladviser.com/news/4190289/cgt-support-platforms-adviser https://www.professionaladviser.com/news/4190289/cgt-support-platforms-adviser Wed, 27 Mar 2024 11:11:20 +0000 Aviva named the preferred platform provider by advisers <img alt="Aviva named the preferred platform provider by advisers" src="https://www.professionaladviser.com/api/v1/wps/6ecc297/4cdb64a8-cdea-4be0-8e80-4e93b8b62632/8/iStock-1280893793-185x114.jpg" /> <p><!--summary start--> Aviva has remained the preferred platform provider by advisers with 29% placing it in their top three choices, Defaqto has found. <!--summary end--></p> https://www.professionaladviser.com/api/v1/wps/6ecc297/4cdb64a8-cdea-4be0-8e80-4e93b8b62632/8/iStock-1280893793-185x114.jpg https://www.professionaladviser.com/news/4180831/aviva-named-preferred-platform-provider-advisers https://www.professionaladviser.com/news/4180831/aviva-named-preferred-platform-provider-advisers https://www.professionaladviser.com/news/4180831/aviva-named-preferred-platform-provider-advisers Mon, 4 Mar 2024 10:24:09 +0000 Bravura returns to profitability in H1 amid business 'reset' <img alt="Bravura returns to profitability in H1 amid business &#39;reset&#39;" src="https://www.professionaladviser.com/api/v1/wps/95a531c/96a6dddd-75a0-4d62-b6ca-89e9da9f9b8f/3/Andrew-Russell-Bravura-185x114.png" /> <p><!--summary start--> Bravura returned to profitability in the first half of its financial year with both revenue and earnings up on the previous period in 2023. <!--summary end--></p> https://www.professionaladviser.com/api/v1/wps/95a531c/96a6dddd-75a0-4d62-b6ca-89e9da9f9b8f/3/Andrew-Russell-Bravura-185x114.png https://www.professionaladviser.com/news/4176163/bravura-returns-profitability-h1-amid-business-reset https://www.professionaladviser.com/news/4176163/bravura-returns-profitability-h1-amid-business-reset https://www.professionaladviser.com/news/4176163/bravura-returns-profitability-h1-amid-business-reset Tue, 20 Feb 2024 11:54:25 +0000 So far, so bleak: Incumbent platforms' miserable year <img alt="So far, so bleak: Incumbent platforms&#39; miserable year" src="https://www.professionaladviser.com/api/v1/wps/2ee1ec0/314491c6-e46a-4f55-8a25-4b9b3668b899/3/iStock-1305731852-185x114.jpg" /> <p><!--summary start--> As traditional scale platforms remain static, advice professionals are changing and evolving, writes Alex Cowan-Sanluis. Is time running out for the old guard? <!--summary end--></p> https://www.professionaladviser.com/api/v1/wps/2ee1ec0/314491c6-e46a-4f55-8a25-4b9b3668b899/3/iStock-1305731852-185x114.jpg https://www.professionaladviser.com/opinion/4173644/bleak-incumbent-platforms-miserable https://www.professionaladviser.com/opinion/4173644/bleak-incumbent-platforms-miserable https://www.professionaladviser.com/opinion/4173644/bleak-incumbent-platforms-miserable Wed, 14 Feb 2024 08:33:15 +0000 Advised platforms record highest ever outflows in 2023 <img alt="Advised platforms record highest ever outflows in 2023" src="https://www.professionaladviser.com/api/v1/wps/dc4a8db/cd7dbe33-6e7c-4a0c-8c25-38ece9eb15d3/15/digital-platform-185x114.jpg" /> <p><!--summary start--> Advised platforms experienced highest ever outflows in 2023, reaching £53.18bn, according to The Lang Cat. <!--summary end--></p> https://www.professionaladviser.com/api/v1/wps/dc4a8db/cd7dbe33-6e7c-4a0c-8c25-38ece9eb15d3/15/digital-platform-185x114.jpg https://www.professionaladviser.com/news/4170589/advised-platforms-record-outflows-2023 https://www.professionaladviser.com/news/4170589/advised-platforms-record-outflows-2023 https://www.professionaladviser.com/news/4170589/advised-platforms-record-outflows-2023 Tue, 6 Feb 2024 00:00:38 +0000 Schroders Personal Wealth to launch in-house platform <img alt="Schroders Personal Wealth to launch in-house platform" src="https://www.professionaladviser.com/api/v1/wps/9c53cbd/dcf5666c-9082-4e4a-8918-b79cdf8e7e03/4/iStock-1480239219-185x114.jpg" /> <p><!--summary start--> Schroders Personal Wealth (SPW) is to launch its own platform this summer to bring control and oversight of client money and investments in-house. <!--summary end--></p> https://www.professionaladviser.com/api/v1/wps/9c53cbd/dcf5666c-9082-4e4a-8918-b79cdf8e7e03/4/iStock-1480239219-185x114.jpg https://www.professionaladviser.com/news/4169312/schroders-personal-wealth-launch-house-platform https://www.professionaladviser.com/news/4169312/schroders-personal-wealth-launch-house-platform https://www.professionaladviser.com/news/4169312/schroders-personal-wealth-launch-house-platform Thu, 1 Feb 2024 11:10:22 +0000 Cooper Parry Wealth launches Seccl-powered investment platform <img alt="Cooper Parry Wealth launches Seccl-powered investment platform" src="https://www.professionaladviser.com/api/v1/wps/0a0b5fb/28d1beba-f2df-4eb7-8008-c1f2d14f9e0f/9/David-Ferguson-CEO-of-Seccl-185x114.png" /> <p><!--summary start--> Cooper Parry Wealth has launched an in-house investment platform powered by Seccl. <!--summary end--></p> https://www.professionaladviser.com/api/v1/wps/0a0b5fb/28d1beba-f2df-4eb7-8008-c1f2d14f9e0f/9/David-Ferguson-CEO-of-Seccl-185x114.png https://www.professionaladviser.com/news/4169286/cooper-parry-wealth-launches-seccl-powered-investment-platform https://www.professionaladviser.com/news/4169286/cooper-parry-wealth-launches-seccl-powered-investment-platform https://www.professionaladviser.com/news/4169286/cooper-parry-wealth-launches-seccl-powered-investment-platform Thu, 1 Feb 2024 10:21:58 +0000 Most advisers have used the same platform for more than five years <img alt="Most advisers have used the same platform for more than five years" src="https://www.professionaladviser.com/api/v1/wps/c9594fc/cd7dbe33-6e7c-4a0c-8c25-38ece9eb15d3/10/digital-platform-185x114.jpg" /> <p><!--summary start--> The majority of industry respondents last worked with a new platform more than five years ago, according to the recent PA Asks survey. <!--summary end--></p> https://www.professionaladviser.com/api/v1/wps/c9594fc/cd7dbe33-6e7c-4a0c-8c25-38ece9eb15d3/10/digital-platform-185x114.jpg https://www.professionaladviser.com/news/4160643/most-advisers-stuck-platform https://www.professionaladviser.com/news/4160643/most-advisers-stuck-platform https://www.professionaladviser.com/news/4160643/most-advisers-stuck-platform Fri, 5 Jan 2024 07:00:23 +0000 Platform due diligence: The good, the bad and the lazy <img alt="Platform due diligence: The good, the bad and the lazy" src="https://www.professionaladviser.com/api/v1/wps/70ec8b6/449c7db6-46fb-4c7a-b733-528a48c5b92d/3/iStock-1489786877-185x114.jpg" /> <p><!--summary start--> Terry Huddart shares his insight on picking the perfect adviser platform which he says needs both careful justification and documentation... <!--summary end--></p> https://www.professionaladviser.com/api/v1/wps/70ec8b6/449c7db6-46fb-4c7a-b733-528a48c5b92d/3/iStock-1489786877-185x114.jpg https://www.professionaladviser.com/opinion/4156228/platform-diligence-bad-lazy https://www.professionaladviser.com/opinion/4156228/platform-diligence-bad-lazy https://www.professionaladviser.com/opinion/4156228/platform-diligence-bad-lazy Thu, 14 Dec 2023 11:36:55 +0000 AJ Bell pre-tax profit up 50% to £87.7m as platform numbers soar <img alt="AJ Bell pre-tax profit up 50% to £87.7m as platform numbers soar" src="https://www.professionaladviser.com/api/v1/wps/233dc1e/5e234903-0632-4443-8bd3-80ba8eef2308/5/Michael-Summersgill-chief-executive-officer-AJ-Bell-185x114.jpg" /> <p><!--summary start--> Pre-tax profit at AJ Bell increased by 50% to £87.7m up from £58.4m last year, according to its full-year results to 30 September 2023. <!--summary end--></p> https://www.professionaladviser.com/api/v1/wps/233dc1e/5e234903-0632-4443-8bd3-80ba8eef2308/5/Michael-Summersgill-chief-executive-officer-AJ-Bell-185x114.jpg https://www.professionaladviser.com/news/4154085/aj-bell-pre-tax-profit-gbp87-7m-platform-soar https://www.professionaladviser.com/news/4154085/aj-bell-pre-tax-profit-gbp87-7m-platform-soar https://www.professionaladviser.com/news/4154085/aj-bell-pre-tax-profit-gbp87-7m-platform-soar Thu, 7 Dec 2023 07:58:48 +0000 Three things that make platforms stand out to advisers <img alt="Three things that make platforms stand out to advisers" src="https://www.professionaladviser.com/api/v1/wps/45d23ba/5d8c02ad-7442-4872-946f-4fbb539c7ab9/5/iStock-1414338497-185x114.jpg" /> <p><!--summary start--> What differentiates a platform and what are advisers looking for? Jonathan Sandell spells it out... <!--summary end--></p> https://www.professionaladviser.com/api/v1/wps/45d23ba/5d8c02ad-7442-4872-946f-4fbb539c7ab9/5/iStock-1414338497-185x114.jpg https://www.professionaladviser.com/opinion/4153267/platforms-stand-advisers https://www.professionaladviser.com/opinion/4153267/platforms-stand-advisers https://www.professionaladviser.com/opinion/4153267/platforms-stand-advisers Tue, 5 Dec 2023 15:06:13 +0000 Seccl and Moneyinfo develop new client onboarding integration <img alt="Seccl and Moneyinfo develop new client onboarding integration" src="https://www.professionaladviser.com/api/v1/wps/0fe75bc/62ac0c37-4300-4256-b087-e9b1da17a82c/7/iStock-1720652674-185x114.jpg" /> <p><!--summary start--> Moneyinfo is developing a client onboarding integration with Seccl, the Octopus-owned embedded investment platform. <!--summary end--></p> https://www.professionaladviser.com/api/v1/wps/0fe75bc/62ac0c37-4300-4256-b087-e9b1da17a82c/7/iStock-1720652674-185x114.jpg https://www.professionaladviser.com/news/4150219/seccl-moneyinfo-develop-client-onboarding-integration https://www.professionaladviser.com/news/4150219/seccl-moneyinfo-develop-client-onboarding-integration https://www.professionaladviser.com/news/4150219/seccl-moneyinfo-develop-client-onboarding-integration Fri, 24 Nov 2023 11:21:21 +0000 Nearly all advisers say poor platform service impacts their daily work <img alt="Nearly all advisers say poor platform service impacts their daily work" src="https://www.professionaladviser.com/api/v1/wps/54eb2ba/f2e5d050-d3dc-4985-b1ff-aea1cc05d88c/3/iStock-1065782522-185x114.jpg" /> <p><!--summary start--> Nearly all (91%) of advisers say poor service from platforms impacts their day-to-day work, Parmenion research has revealed. <!--summary end--></p> https://www.professionaladviser.com/api/v1/wps/54eb2ba/f2e5d050-d3dc-4985-b1ff-aea1cc05d88c/3/iStock-1065782522-185x114.jpg https://www.professionaladviser.com/news/4149811/nearly-advisers-poor-platform-service-impacts-daily https://www.professionaladviser.com/news/4149811/nearly-advisers-poor-platform-service-impacts-daily https://www.professionaladviser.com/news/4149811/nearly-advisers-poor-platform-service-impacts-daily Thu, 23 Nov 2023 11:53:59 +0000 Quilter Cheviot MPS launches two strategies on external platforms <img alt="Quilter Cheviot MPS launches two strategies on external platforms" src="https://www.professionaladviser.com/api/v1/wps/5b50b55/a57b4205-0d43-46cd-8268-0093290c76f9/4/investment-185x114.jpg" /> <p><!--summary start--> Quilter Cheviot is set to distribute two new managed portfolio service strategies across two external platforms. <!--summary end--></p> https://www.professionaladviser.com/api/v1/wps/5b50b55/a57b4205-0d43-46cd-8268-0093290c76f9/4/investment-185x114.jpg https://www.professionaladviser.com/news/4149053/quilter-cheviot-mps-launches-strategies-external-platforms https://www.professionaladviser.com/news/4149053/quilter-cheviot-mps-launches-strategies-external-platforms https://www.professionaladviser.com/news/4149053/quilter-cheviot-mps-launches-strategies-external-platforms Wed, 22 Nov 2023 07:40:44 +0000 Novia transforms into 'Wealthtime' in group-wide rebrand <img alt="Novia transforms into &#39;Wealthtime&#39; in group-wide rebrand" src="https://www.professionaladviser.com/api/v1/wps/5553f67/ad9a080f-4dc0-4616-a936-7fcb61eda000/3/iStock-1019177936-185x114.jpg" /> <p><!--summary start--> Private-equity backed platform Novia has now become Wealthtime in the final stage of its rebrand. <!--summary end--></p> https://www.professionaladviser.com/api/v1/wps/5553f67/ad9a080f-4dc0-4616-a936-7fcb61eda000/3/iStock-1019177936-185x114.jpg https://www.professionaladviser.com/news/4148319/novia-transforms-wealthtime-group-wide-rebrand https://www.professionaladviser.com/news/4148319/novia-transforms-wealthtime-group-wide-rebrand https://www.professionaladviser.com/news/4148319/novia-transforms-wealthtime-group-wide-rebrand Mon, 20 Nov 2023 11:38:34 +0000 ESG criteria declines in importance for MPS providers <img alt="ESG criteria declines in importance for MPS providers" src="https://www.professionaladviser.com/api/v1/wps/c8711cc/b976c106-5c19-4911-ba21-0b517577c9e8/4/iStock-1471837160-185x114.jpg" /> <p><!--summary start--> The availability of ESG and ESG suitability have both dropped as being key features of a good provider of a model portfolio service (MPS), according to RSMR’s annual adviser survey. <!--summary end--></p> https://www.professionaladviser.com/api/v1/wps/c8711cc/b976c106-5c19-4911-ba21-0b517577c9e8/4/iStock-1471837160-185x114.jpg https://www.professionaladviser.com/news/4147917/esg-criteria-declines-importance-mps-providers https://www.professionaladviser.com/news/4147917/esg-criteria-declines-importance-mps-providers https://www.professionaladviser.com/news/4147917/esg-criteria-declines-importance-mps-providers Fri, 17 Nov 2023 11:28:58 +0000 Embark CEO: 'We are listening to adviser platform demands' <img alt="Embark CEO: &#39;We are listening to adviser platform demands&#39;" src="https://www.professionaladviser.com/api/v1/wps/6b92e02/e9907f22-7eb9-4a75-9512-6559f3c07d2d/8/jackie-leiper-colour-roi-1-185x114.jpg" /> <p><!--summary start--> Embark will continue to engage with advisers on their platform demands as it operates in an increasingly competitive market, chief executive Jackie Leiper has said. <!--summary end--></p> https://www.professionaladviser.com/api/v1/wps/6b92e02/e9907f22-7eb9-4a75-9512-6559f3c07d2d/8/jackie-leiper-colour-roi-1-185x114.jpg https://www.professionaladviser.com/news/4140816/embark-ceo-listening-adviser-platform-demands https://www.professionaladviser.com/news/4140816/embark-ceo-listening-adviser-platform-demands https://www.professionaladviser.com/news/4140816/embark-ceo-listening-adviser-platform-demands Wed, 1 Nov 2023 07:39:10 +0000 AJ Bell sees £4.2bn net platform inflows against 'challenging' backdrop <img alt="AJ Bell sees £4.2bn net platform inflows against &#39;challenging&#39; backdrop" src="https://www.professionaladviser.com/api/v1/wps/45f8f47/5e234903-0632-4443-8bd3-80ba8eef2308/2/Michael-Summersgill-chief-executive-officer-AJ-Bell-185x114.jpg" /> <p><!--summary start--> AJ Bell platform net inflows for its financial year ended 30 September 2023 were £4.2bn, down from £5.8bn last year, according to its latest trading update. <!--summary end--></p> https://www.professionaladviser.com/api/v1/wps/45f8f47/5e234903-0632-4443-8bd3-80ba8eef2308/2/Michael-Summersgill-chief-executive-officer-AJ-Bell-185x114.jpg https://www.professionaladviser.com/news/4136142/aj-bell-gbp-2bn-net-platform-inflows-challenging-backdrop https://www.professionaladviser.com/news/4136142/aj-bell-gbp-2bn-net-platform-inflows-challenging-backdrop https://www.professionaladviser.com/news/4136142/aj-bell-gbp-2bn-net-platform-inflows-challenging-backdrop Thu, 19 Oct 2023 06:58:52 +0000 Transact reports gross flows of £1.5bn in Q4 as adviser users increase <img alt="Transact reports gross flows of £1.5bn in Q4 as adviser users increase" src="https://www.professionaladviser.com/api/v1/wps/ec9f8cf/83a5d141-d884-4ee4-abd8-ec60a558d66d/5/iStock-1160035966-185x114.jpg" /> <p><!--summary start--> IntegraFin Holdings (IHP), the parent company of Transact, has reported gross flows of £1.5bn for the fourth quarter which it said highlighted the “resilience of the platform business model”. <!--summary end--></p> https://www.professionaladviser.com/api/v1/wps/ec9f8cf/83a5d141-d884-4ee4-abd8-ec60a558d66d/5/iStock-1160035966-185x114.jpg https://www.professionaladviser.com/news/4135419/transact-reports-gross-flows-gbp-5bn-q4-adviser-users-increase https://www.professionaladviser.com/news/4135419/transact-reports-gross-flows-gbp-5bn-q4-adviser-users-increase https://www.professionaladviser.com/news/4135419/transact-reports-gross-flows-gbp-5bn-q4-adviser-users-increase Wed, 18 Oct 2023 06:35:41 +0000 Quilter platform upgrade streamlines link to third-party software <img alt="Quilter platform upgrade streamlines link to third-party software" src="https://www.professionaladviser.com/api/v1/wps/140c6db/95573287-d5c1-4b80-be54-20c62b3739b0/6/iStock-1473500316-185x114.jpg" /> <p><!--summary start--> Quilter has upgraded its platform to link with third-party software in a bid to improve the user experience for advisers. <!--summary end--></p> https://www.professionaladviser.com/api/v1/wps/140c6db/95573287-d5c1-4b80-be54-20c62b3739b0/6/iStock-1473500316-185x114.jpg https://www.professionaladviser.com/news/4133670/quilter-platform-upgrade-streamlines-link-party-software https://www.professionaladviser.com/news/4133670/quilter-platform-upgrade-streamlines-link-party-software https://www.professionaladviser.com/news/4133670/quilter-platform-upgrade-streamlines-link-party-software Thu, 12 Oct 2023 09:56:21 +0000 Advisers now able to co-brand through Quilter platform <img alt="Advisers now able to co-brand through Quilter platform" src="https://www.professionaladviser.com/api/v1/wps/a9911fb/bce8914d-1cfc-4c72-a78f-5eceb54d272d/35/iStock-1462651834-185x114.jpg" /> <p><!--summary start--> Advisers are now able to co-brand through the Quilter platform as part of its latest upgrades. <!--summary end--></p> https://www.professionaladviser.com/api/v1/wps/a9911fb/bce8914d-1cfc-4c72-a78f-5eceb54d272d/35/iStock-1462651834-185x114.jpg https://www.professionaladviser.com/news/4131854/advisers-able-brand-quilter-platform https://www.professionaladviser.com/news/4131854/advisers-able-brand-quilter-platform https://www.professionaladviser.com/news/4131854/advisers-able-brand-quilter-platform Thu, 5 Oct 2023 09:23:35 +0000 Novia Financial records 'robust growth' in 2022 financial results <img alt="Novia Financial records &#39;robust growth&#39; in 2022 financial results" src="https://www.professionaladviser.com/api/v1/wps/b8fa7fa/c16dcf01-c32c-4ac6-9031-a6856fa6aeac/4/iStock-1407499490-185x114.jpg" /> <p><!--summary start--> Private equity-backed platform Novia Financial has recorded revenue of £36m, up by 25.7% from the year prior, its 2022 financial results show. <!--summary end--></p> https://www.professionaladviser.com/api/v1/wps/b8fa7fa/c16dcf01-c32c-4ac6-9031-a6856fa6aeac/4/iStock-1407499490-185x114.jpg https://www.professionaladviser.com/news/4131455/novia-financial-records-robust-growth-2022-financial-results https://www.professionaladviser.com/news/4131455/novia-financial-records-robust-growth-2022-financial-results https://www.professionaladviser.com/news/4131455/novia-financial-records-robust-growth-2022-financial-results Wed, 4 Oct 2023 06:59:18 +0000 Dynamic Planner now includes Scottish Widows Platform  <img alt="Dynamic Planner now includes Scottish Widows Platform " src="https://www.professionaladviser.com/api/v1/wps/04aba21/bce8914d-1cfc-4c72-a78f-5eceb54d272d/36/iStock-1462651834-185x114.jpg" /> <p><!--summary start--> Advisers who use risk-based financial planning system Dynamic Planner can now value the Scottish Widows Platform after its latest integration. <!--summary end--></p> https://www.professionaladviser.com/api/v1/wps/04aba21/bce8914d-1cfc-4c72-a78f-5eceb54d272d/36/iStock-1462651834-185x114.jpg https://www.professionaladviser.com/news/4126379/dynamic-planner-includes-scottish-widows-platform https://www.professionaladviser.com/news/4126379/dynamic-planner-includes-scottish-widows-platform https://www.professionaladviser.com/news/4126379/dynamic-planner-includes-scottish-widows-platform Tue, 19 Sep 2023 06:53:35 +0000 Scottish Widows speeds up client experience with platform upgrade <img alt="Scottish Widows speeds up client experience with platform upgrade" src="https://www.professionaladviser.com/api/v1/wps/0921778/bce8914d-1cfc-4c72-a78f-5eceb54d272d/39/iStock-1462651834-185x114.jpg" /> <p><!--summary start--> Scottish Widows has upgraded its adviser platform to enable advisers to use real-time platform data and speed up client experience. <!--summary end--></p> https://www.professionaladviser.com/api/v1/wps/0921778/bce8914d-1cfc-4c72-a78f-5eceb54d272d/39/iStock-1462651834-185x114.jpg https://www.professionaladviser.com/news/4125335/scottish-widows-speeds-client-experience-platform-upgrade https://www.professionaladviser.com/news/4125335/scottish-widows-speeds-client-experience-platform-upgrade https://www.professionaladviser.com/news/4125335/scottish-widows-speeds-client-experience-platform-upgrade Thu, 14 Sep 2023 06:59:47 +0000 Competition watchdog clears £242m Curtis Banks/Nucleus deal <img alt="Competition watchdog clears £242m Curtis Banks/Nucleus deal" src="https://www.professionaladviser.com/api/v1/wps/cdba36c/f901809f-8891-49fc-b82f-3a9e95455de8/5/green-light-185x114.jpg" /> <p><!--summary start--> Nucleus’ acquisition of Curtis Banks Group, in a deal worth £242m, has been cleared by the Competition and Markets Authority (CMA). <!--summary end--></p> https://www.professionaladviser.com/api/v1/wps/cdba36c/f901809f-8891-49fc-b82f-3a9e95455de8/5/green-light-185x114.jpg https://www.professionaladviser.com/news/4124205/competition-watchdog-clears-gbp242m-curtis-banks-nucleus-deal https://www.professionaladviser.com/news/4124205/competition-watchdog-clears-gbp242m-curtis-banks-nucleus-deal https://www.professionaladviser.com/news/4124205/competition-watchdog-clears-gbp242m-curtis-banks-nucleus-deal Thu, 7 Sep 2023 06:54:08 +0000 How advisers can use higher interest rates to offset platform charges <img alt="How advisers can use higher interest rates to offset platform charges" src="https://www.professionaladviser.com/api/v1/wps/2c27c00/542419da-fd37-400d-ad07-ad029e55860d/7/James-Priday-CEO-P1-185x114.jpg" /> <p><!--summary start--> James Priday explores how advisers could use higher interest rates to offset platform charges... <!--summary end--></p> https://www.professionaladviser.com/api/v1/wps/2c27c00/542419da-fd37-400d-ad07-ad029e55860d/7/James-Priday-CEO-P1-185x114.jpg https://www.professionaladviser.com/opinion/4122399/advisers-interest-rates-offset-platform-charges https://www.professionaladviser.com/opinion/4122399/advisers-interest-rates-offset-platform-charges https://www.professionaladviser.com/opinion/4122399/advisers-interest-rates-offset-platform-charges Fri, 18 Aug 2023 07:04:28 +0000 Aviva platform net flow 51% drop 'in line' with competitors <img alt="Aviva platform net flow 51% drop &#39;in line&#39; with competitors" src="https://www.professionaladviser.com/api/v1/wps/49071cb/49e17c1c-a8ab-488d-acc6-6948e20d27db/3/Doug-Brown-Feb-2022-185x114.jpg" /> <p><!--summary start--> The entire retail investment market “continues to be challenged” by volatile economic conditions with the platform market suffering across the board, Aviva UK and Ireland life chief executive (CEO) Doug Brown has said. <!--summary end--></p> https://www.professionaladviser.com/api/v1/wps/49071cb/49e17c1c-a8ab-488d-acc6-6948e20d27db/3/Doug-Brown-Feb-2022-185x114.jpg https://www.professionaladviser.com/news/4122335/aviva-platform-net-flow-51-drop-line-competitors https://www.professionaladviser.com/news/4122335/aviva-platform-net-flow-51-drop-line-competitors https://www.professionaladviser.com/news/4122335/aviva-platform-net-flow-51-drop-line-competitors Wed, 16 Aug 2023 11:29:43 +0000 Aviva sees half-year platform net flows reduce 51% to £1.2bn <img alt="Aviva sees half-year platform net flows reduce 51% to £1.2bn" src="https://www.professionaladviser.com/api/v1/wps/4d4af2b/930ae27d-0ecb-4e8d-8625-1acaa34f37cf/7/Amanda-Blanc-185x114.jpg" /> <p><!--summary start--> Aviva has reported its platform net flows reduced by 51% to £1.2bn in its half-year results, this was compared to £2.5bn in the same period last year. <!--summary end--></p> https://www.professionaladviser.com/api/v1/wps/4d4af2b/930ae27d-0ecb-4e8d-8625-1acaa34f37cf/7/Amanda-Blanc-185x114.jpg https://www.professionaladviser.com/news/4122280/aviva-half-platform-net-flows-reduce-51-gbp-2bn https://www.professionaladviser.com/news/4122280/aviva-half-platform-net-flows-reduce-51-gbp-2bn https://www.professionaladviser.com/news/4122280/aviva-half-platform-net-flows-reduce-51-gbp-2bn Wed, 16 Aug 2023 07:06:19 +0000 Fairstone adds £1.5bn of assets with buy out of West Midlands firm <img alt="Fairstone adds £1.5bn of assets with buy out of West Midlands firm" src="https://www.professionaladviser.com/api/v1/wps/1328f83/ae06131d-55e1-403b-b562-9b0b25cf3848/3/acquisition-185x114.jpg" /> <p><!--summary start--> Consolidator Fairstone has acquired a West Midlands-based firm, as it adds adding £1.5bn in of assets to the business. <!--summary end--></p> https://www.professionaladviser.com/api/v1/wps/1328f83/ae06131d-55e1-403b-b562-9b0b25cf3848/3/acquisition-185x114.jpg https://www.professionaladviser.com/news/4119993/fairstone-adds-gbp-5bn-assets-west-midlands-firm https://www.professionaladviser.com/news/4119993/fairstone-adds-gbp-5bn-assets-west-midlands-firm https://www.professionaladviser.com/news/4119993/fairstone-adds-gbp-5bn-assets-west-midlands-firm Wed, 12 Jul 2023 11:27:51 +0000 Platforms are here to stay: Using the right tech for the right problem <img alt="Platforms are here to stay: Using the right tech for the right problem" src="https://www.professionaladviser.com/api/v1/wps/a3d7bbd/04e51702-ef88-4299-aded-012f90597244/7/Andrew-Smith-1-185x114.jpg" /> <p><!--summary start--> In the platform world, it is imperative to use the right type of technology for the right problem. Andrew Smith shares his insight... <!--summary end--></p> https://www.professionaladviser.com/api/v1/wps/a3d7bbd/04e51702-ef88-4299-aded-012f90597244/7/Andrew-Smith-1-185x114.jpg https://www.professionaladviser.com/opinion/4119056/platforms-stay-tech https://www.professionaladviser.com/opinion/4119056/platforms-stay-tech https://www.professionaladviser.com/opinion/4119056/platforms-stay-tech Mon, 3 Jul 2023 14:14:59 +0000 Intelliflo launches all-in-one single system platform capability  <img alt="Intelliflo launches all-in-one single system platform capability " src="https://www.professionaladviser.com/api/v1/wps/2ca6de7/df49ddac-eca9-429b-8537-9b2c318496f8/9/nickeatock-roi-3-185x114.jpg" /> <p><!--summary start--> Intelliflo has announced its launch of a new platform integration system designed to seamlessly address all advisers’ practice management software and platform needs. <!--summary end--></p> https://www.professionaladviser.com/api/v1/wps/2ca6de7/df49ddac-eca9-429b-8537-9b2c318496f8/9/nickeatock-roi-3-185x114.jpg https://www.professionaladviser.com/news/4117266/intelliflo-launches-single-platform-capability https://www.professionaladviser.com/news/4117266/intelliflo-launches-single-platform-capability https://www.professionaladviser.com/news/4117266/intelliflo-launches-single-platform-capability Tue, 6 Jun 2023 10:15:31 +0000 Quilter cuts platform costs and announces tiered adviser charging <img alt="Quilter cuts platform costs and announces tiered adviser charging" src="https://www.professionaladviser.com/api/v1/wps/41e941e/df72a291-90a6-47b1-aca6-80033223d81f/1/LEVIN-Steven-Quilter-2022-185x114.jpg" /> <p><!--summary start--> Quilter is to reduce its platform costs by about 15% across the board, a move made possible by increasing the amount of margin it takes from cash holdings and improvements in technology. <!--summary end--></p> https://www.professionaladviser.com/api/v1/wps/41e941e/df72a291-90a6-47b1-aca6-80033223d81f/1/LEVIN-Steven-Quilter-2022-185x114.jpg https://www.professionaladviser.com/news/4116478/quilter-cuts-platform-costs-announces-tiered-adviser-charging https://www.professionaladviser.com/news/4116478/quilter-cuts-platform-costs-announces-tiered-adviser-charging https://www.professionaladviser.com/news/4116478/quilter-cuts-platform-costs-announces-tiered-adviser-charging Thu, 25 May 2023 10:19:07 +0000 Advised net platform sales up 19% in Q1 but down 49% year-on-year <img alt="Advised net platform sales up 19% in Q1 but down 49% year-on-year" src="https://www.professionaladviser.com/api/v1/wps/1d08914/0683e1d2-6773-46ba-9053-3570cdd6a15e/7/Rich-Mayor-the-lang-cat-185x114.jpg" /> <p><!--summary start--> Advised platform net sales totalled £5.15bn in the first quarter of this year – up 19% on Q4 2022 but down 49% compared to the first quarter of last year, according to data from The Lang Cat. <!--summary end--></p> https://www.professionaladviser.com/api/v1/wps/1d08914/0683e1d2-6773-46ba-9053-3570cdd6a15e/7/Rich-Mayor-the-lang-cat-185x114.jpg https://www.professionaladviser.com/news/4116321/advised-net-platform-sales-19-q1-49 https://www.professionaladviser.com/news/4116321/advised-net-platform-sales-19-q1-49 https://www.professionaladviser.com/news/4116321/advised-net-platform-sales-19-q1-49 Wed, 24 May 2023 06:57:51 +0000 Abrdn reveals platform overhaul to better serve advisers <img alt="Abrdn reveals platform overhaul to better serve advisers" src="https://www.professionaladviser.com/api/v1/wps/d42c258/03b642d1-7fd6-4ab4-b15f-ade62065de2d/3/iStock-1218858728-185x114.jpg" /> <p><!--summary start--> Abrdn has unveiled the ‘AdviserOS’ operating system which aims to simplify processes and prioritise service for users of its platforms. <!--summary end--></p> https://www.professionaladviser.com/api/v1/wps/d42c258/03b642d1-7fd6-4ab4-b15f-ade62065de2d/3/iStock-1218858728-185x114.jpg https://www.professionaladviser.com/news/4116141/abrdn-reveals-platform-overhaul-serve-advisers https://www.professionaladviser.com/news/4116141/abrdn-reveals-platform-overhaul-serve-advisers https://www.professionaladviser.com/news/4116141/abrdn-reveals-platform-overhaul-serve-advisers Tue, 23 May 2023 06:47:02 +0000 PA Retreat: 'Ridiculous' for small firms to think they can run a platform <img alt="PA Retreat: &#39;Ridiculous&#39; for small firms to think they can run a platform" src="https://www.professionaladviser.com/api/v1/wps/9d0335f/4c6b28f9-ac38-4016-9d8e-84d3b58aff2e/8/PAMR2023-498-185x114.jpg" /> <p><!--summary start--> It is “ridiculous” for the majority of advice firms to think they could run their own platform and have the proposition be financially beneficial, delegates heard. <!--summary end--></p> https://www.professionaladviser.com/api/v1/wps/9d0335f/4c6b28f9-ac38-4016-9d8e-84d3b58aff2e/8/PAMR2023-498-185x114.jpg https://www.professionaladviser.com/news/4115918/pa-retreat-ridiculous-small-firms-run-platform https://www.professionaladviser.com/news/4115918/pa-retreat-ridiculous-small-firms-run-platform https://www.professionaladviser.com/news/4115918/pa-retreat-ridiculous-small-firms-run-platform Thu, 18 May 2023 11:31:53 +0000 The adviser as platform debate: Look at the bigger picture <img alt="The adviser as platform debate: Look at the bigger picture" src="https://www.professionaladviser.com/api/v1/wps/2b4aa9e/45af1fe1-236f-4015-a8f4-6c5c3ff0463c/7/iStock-500593190-185x114.jpg" /> <p><!--summary start--> Neil Moles looks at the 'adviser as platform' debate and comes down firmly on one side... <!--summary end--></p> https://www.professionaladviser.com/api/v1/wps/2b4aa9e/45af1fe1-236f-4015-a8f4-6c5c3ff0463c/7/iStock-500593190-185x114.jpg https://www.professionaladviser.com/opinion/4115039/adviser-platform-debate-look-bigger-picture https://www.professionaladviser.com/opinion/4115039/adviser-platform-debate-look-bigger-picture https://www.professionaladviser.com/opinion/4115039/adviser-platform-debate-look-bigger-picture Wed, 17 May 2023 06:00:54 +0000 Ferguson: Why should 'shonky' fund managers rule platforms? <img alt="Ferguson: Why should &#39;shonky&#39; fund managers rule platforms?" src="https://www.professionaladviser.com/api/v1/wps/e2f1c44/28d1beba-f2df-4eb7-8008-c1f2d14f9e0f/3/David-Ferguson-CEO-of-Seccl-185x114.png" /> <p><!--summary start--> Operating a platform should not be the preserve of asset managers, according to David Ferguson, who said the sometimes “shonky” businesses made no better custodians than others in financial services, including adviser firms. <!--summary end--></p> https://www.professionaladviser.com/api/v1/wps/e2f1c44/28d1beba-f2df-4eb7-8008-c1f2d14f9e0f/3/David-Ferguson-CEO-of-Seccl-185x114.png https://www.professionaladviser.com/news/4115422/ferguson-shonky-fund-managers-rule-platforms https://www.professionaladviser.com/news/4115422/ferguson-shonky-fund-managers-rule-platforms https://www.professionaladviser.com/news/4115422/ferguson-shonky-fund-managers-rule-platforms Tue, 16 May 2023 14:00:56 +0000 GBST signs on to power Novia Global platform tech for a further five years <img alt="GBST signs on to power Novia Global platform tech for a further five years" src="https://www.professionaladviser.com/api/v1/wps/e447c03/ffeb0be6-6f55-475d-9bbc-5ea995f5956e/7/iStock-1183381714-185x114.jpg" /> <p><!--summary start--> Wealth tech GBST has signed a five-year contract to continue providing the underlying technology that powers the Novia Global platform. <!--summary end--></p> https://www.professionaladviser.com/api/v1/wps/e447c03/ffeb0be6-6f55-475d-9bbc-5ea995f5956e/7/iStock-1183381714-185x114.jpg https://www.professionaladviser.com/news/4115427/gbst-signs-power-novia-global-platform-tech https://www.professionaladviser.com/news/4115427/gbst-signs-power-novia-global-platform-tech https://www.professionaladviser.com/news/4115427/gbst-signs-power-novia-global-platform-tech Tue, 16 May 2023 11:13:35 +0000