Skandia

Transact, Standard Life and Elevate have been rated the best platforms by IFAs, according to The Platforum.

Independence concerns are driving advisers using life company platforms into the arms of additional providers, whereas smaller brand players tend to be advisers' sole choice.

Skandia is increasing the single investor charge on its platform as it looks to upgrade systems and improve its service ahead of regulatory changes.

There is a "real chance" the Bank of England will raise interest rates as early as next week, says Skandia, with subsequent hikes pushing rates up to 3% by the end of next year.

Smaller platforms face a "long, hard slog" to get "anywhere near" the top three players who continue to dominate the market, says The Platforum.

Skandia says it will hold off on developing an unbundled charging model until the FSA clarifies its cash rebate rules.

Investors in with-profits bonds will be able to withdraw £5bn without triggering a penalty charge when funds reach their tenth anniversary this year, says Skandia.

Skandia says subjective fund labels such as Cautious Managed can be misleading and is backing a European-wide standardised risk score to help consumers better understand their investments.

AT8's Mark Loosmore takes a closer look at Skandia's wrap proposition.

UK investors turned their attention to emerging market equities during 2010 as cash and fixed interest investments became less attractive amid the high-inflationary environment, says Skandia.