NU-owned wrap platform takes network allegiances

The announcement means that more than 6,000 advisers are likely to soon be using the Lifetime Portfolio platform, as Millfield - which itself owns about a quarter of Lifetime, and claims to be the largest national IFA following its merger with Inter-Alliance - says it has 1,600 advisers thoughout the UK, with Tenet claiming more than 5,000 through its seven major brands on the market. Lifetime says its platform will provide “an integrated investment and asset management service enabling effective asset allocation...