Ascentric's re-platforming bill has gone past the £70m mark as the Royal London-owned platform nears the end of its long-term project.
Royal London's annual results for 2017 showed the platform had taken on a £31m impairment charge relating to the development of new back-office software - its re-platforming project moving it from proprietary...
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'There will be more consolidation'
'Substantial lessening' of competition
'Until absolutely safe'
Asset managers and platforms don't always see eye-to-eye
Fund managers see 'signs of a tentative recovery'
Operating profits at £117m in first half
Cofunds integration offset expenses
'Others will also lose access to advice as the market implodes'
HBSC, M&G and Janus Henderson ‘constant laggards’