wrap platforms

Platform assets grew nearly 19% in Q3 underlining the rapid growth of the sector in the run up to the RDR, according to research by The Platforum.

1st- Exchange will combine its back office software solution Adviser Office (AO) with wrap provider Wealthtime.

Platforms risk being undermined by a lack of transparency and must address some crucial questions if the RDR is to be effective, warns Novia.

Jeremy Mugridge, platform marketing manager for Skandia, looks at where adviser demand for platforms will be focused in the coming months.

IFA consolidator Succession Advisory Services has selected Investment Funds Direct Limited (IFDL) to power its wrap platform solution.

Two thirds of advisers expect their platform transactions to increase over the next year due to the benefits of consolidation, suggests research by Skandia.

Aegon and Zurich have become minority shareholders of Seven Investment Management (7IM) as it becomes the first platform provider to gain LSE membership.

Friends Provident and Standard Life will collaborate to share legacy information about clients' existing investment and pensions business on their respective wrap platforms.

FNZ and Selestia have announced they will be using Solutionforge to interact with the EMX electronic messaging system.

The Institute of Financial Planning and Standard Life are in the formative stages of an initiative to help IFAs incorporate wraps into their businesses, which could result in IFAs moving to fee-based structures and becoming financial planners.