The use of super clean share classes by certain platforms is beginning to cause 'unintended restrictions' for clients trying to re-register to alternative platforms.
Wrap platform Transact has acquired a 15% stake in adviser technology business Sprint Enterprise Technology, operator of adviser software system Fastrak.
Transact has said it will halve both its buy commission and dealing charges from 1 March.
Investment company purchases on platforms by advisers and wealth managers are up 53% in the first six months of 2013 against the same period last year, research by the Association of Investment Companies (AIC) suggests.
Transact has said it will scrap the initial establishment fees on its investment bonds.
FE Research's range of 15 risk-targeted portfolios are now available on the Transact platform.
Five firms have been named on the shortlist for the Best Platform for Adviser Service gong at next month's Aberdeen UK Platform Awards.
Morningstar's managed portfolio service for advisers is now available on Transact.