Ascentric hits £5bn asset milestone

The figures include the Ascentric business, as well as white-labelling arm IFDL, that provides platforms for Succession, Towergate, Openwork and Intrinsic. Managing director Hugo Thorman (pictured) said: "This is a great announcement for the business. 2013 will see the start of a new era for financial services with the implementation of RDR and advisers requiring greater support. "Only those organisations that are willing and able to adapt will survive. In the platform space, although we will all have many new challenges ahead, I am extremely confident we will be amongst the major pla...