Standard Life Aberdeen has told Professional Adviser it is in the process of modernising its infrastructure as rumours of it merging its Elevate and Wrap platforms continue to brew.
Standard Life CEO Noel Butwell said the provider was in the process of identifying "synergies" to removed duplication and complexity where it exists for no benefit to advisers and clients. He said:...
'Better value for money'
Inflows increased 67% in the quarter
Starting next month
Platform tools fall short
Made an offer last year
Third highest monthly figure since 1993
'Cannot normalise this level of loss'
There is no shortage of IFA firms looking to sell up, writes Daniel Baade. However, the big question is how to finance the acquisition of IFA or wealth management firms...
Supported over Christmas
Plus online scams