wrap platforms

Capita Financial Software has launched the latest version of its Synaptic Comparator service which enables advisers to compare on and off platform options.

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.

Aviva is set to launch a corporate wrap solution next year as it looks to grab a foothold in the workplace savings market.

Ascentric is launching a direct-to-consumer (D2C) platform for adviser clients early next year.

GHC Fund Management has launched its Resilient range of OEICs on the Novia platform.

A ban on fund manager rebates to SIPPs would make sense if a similar ban is applied to platforms, SIPP providers have said.

Nucleus IFAs have turned their backs on equities in preference for bond funds amid recent market volatility.

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Zurich has pledged its new platform will focus solely on the intermediary sector and will not target adviser clients like other "predatory" players entering the B2C space.

Advisers have been warned customers may drift away from them and question the value of their service if they use just one platform.