IFAs favour Nucleus and Standard Life as their main platforms of choice, research from the Platforum suggests.
Platform assets under administration fell more than 4% in Q3, according to figures from consultancy group The Platforum, which suggested advisers have begun to doubt the value of platforms to their business.
Origo, the eCommerce standards and services body for the financial services industry, has announced Cofunds, Fidelity, AJ Bell and Suffolk Life have jointed its pension transfer service.
Ascentric is launching a direct-to-consumer (D2C) platform for adviser clients early next year.
Suffolk Life has confirmed that Skandia Investment Solutions is the latest platform to be added to in-house wrapper SmartSIPP.
Platform Cofunds has appointed Jim Clay, formerly of SEI, as business development manager.
Cofunds is about to sign an execution-only deal with a bank as the platform looks to gain further traction in the investor space.
UK Equity Income saw a sharp spike in sales in September, reversing a trend prevalent in previous months, according to the latest trends on the Cofunds platform.
Platform Cofunds has appointed Axa Wealth's Andy Coleman as head of sales for its wealth and investor channels.
Alliance Trust Savings (ATS) has unveiled plans to expand its direct to consumer (D2C) platform to IFAs, in a challenge to traditional players.