Axa Wealth saw its sales drop slightly in Q1 year-on-year, although its platform business continued its expansion, now representing 50% of all individual sales.
Fund managers looking to offer clean share classes could find it "cheaper" and "simpler" to adapt existing institutional share classes as opposed to developing new ones, Deloitte has suggested.
Fiona Murphy asks: How are platforms evolving to meet the retirement space?
Nucleus has appointed Faith Liversedge to the newly-created position of IFA communications manager.
Wrap platform Nucleus has turned a quarterly profit for the first time.
Aviva has said its retail wrap will target advisers offering restricted and simplified advice propositions as part of a wider assault on the mass market.
Adviser and wealth manager Ashcourt Rowan is developing its own in-house platform, due to be rolled out later this year.
Advisers will develop their own ‘virtual' platforms to avoid losing margins along the distribution chain to life companies and other parties, Prudential UK's Barry O'Dwyer has predicted.