Elevate tops Q2 platform leaderboard

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AXA Elevate topped the Platforum's leaderboard for Q2 2012, with assets under administration (AUA) up 7% from £4bn to £4.3bn.

Nucleus came in second place (up 4% from to £3.9bn) with Transact in third. The table measures platforms' overall performance, taking into account financial strength, new business and feedback from more than 2,000 advisers. Nucleus topped the user leaderboard, voted for by advisers, for the fifth consecutive quarter. Transact and Novia came in second and third respectively. Head of adviser platforms Freddie Findlater said competition at the top of leaderboard was becoming increasingly close. "It is getting much, much tighter across the board," he said. "Last quarter the gaps ...

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