Ascentric gave its adviser users less than two weeks' notice it would not be migrating decumulation SIPP clients to its new platform on 26 November - the date they were originally supposed to be re-platformed.
The Royal London-owned platform said three-fifths of its adviser users would be unable to trade for a week, or rebalance portfolios for some clients for a fortnight between 13 and 26 November. This was...
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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
STM Group has acquired failed self-invested personal pension (SIPP) provider Berkeley Burke’s small self-administered (SSAS) scheme and its international pension businesses in a deal worth almost £3m.
UK equity market has fallen behind the rest of the world
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75% say ESG can ‘enhance returns'
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