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...
D2C growth particularly strong
On 15 December
Over next five years
2,000 advice firms to shift platform
Standard Life Aberdeen's financial advice business 1825 has made changes to its leadership team that will see joint-leaders take charge of its financial planning and advice teams.
Entered administration in February
Occupational pensions schemes will be required to direct savers to take guidance on pension withdrawals under new provisions to boost engagement.
40% increase year-on-year