The £4bn cloud hanging over Ascentric's potential platform sale
White label platform deal
Royal London's adviser platform Ascentric and the £15.94bn assets it administrates are reportedly on the market for sale but there is a cloud hanging over a large chunk of the business it looks after, industry experts have said.
Ascentric currently has £15.93bn AUM, but more than £4bn of those assets are on a white labelled version of the platform it provides Succession Wealth IFAs with. Given the large portion of business...
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