Assets on Royal London's wrap platform Ascentric grew 42% to £4.7bn in the nine months to 30 September, with new inflows dropping 18% to £856m, according to latest figures.
Royal London's consumer website MoneyVista is in talks with networks to give block access to its services to help advisers better access the mass-market after the Retail Distribution Review (RDR).
Chris Read looks at the rapidly expanding platform market and asks how it need to evolve to more fully service the retirement market.
Profits at Royal London fell by 25% in the first half of the year as a slow market hit new sales and low interest rates affected revenues from customers' policies.
Mutual life and pensions company Royal London has announced the management team for its intermediary propositions, following the appointment of Hugh McKee as chief executive last month.
John Deane, intermediary chief of Royal London, is to leave the company after five years.
Who moved where in another busy week in financial services?
Royal London has announced Ross Ainslie will step down as managing director of the Royal London protection businesses, Bright Grey and Scottish Provident
Royal London saw a 10% decline in new life and pensions business in the first quarter, citing difficult market conditions.