Ascentric is to restrict the access of 60% of its advisers while it migrates clients to its new platform.
Advisers will be unable to trade for a week or rebalance portfolios for some clients for a fortnight as a result of the precautions the Royal London-owned platform is taking as it migrates clients from its proprietary technology to Bravura's Sonata software. Ascentric began moving clients - under its phased approach - to its new platform in April. An Ascentric spokesperson said: "As a custodian of assets, our primary duty is to migrate client details and assets safely. For this reason, we decided to restrict rebalancing on the platform in the run up to migration. We did so after carefull...
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