Industry news and views from Panacea and our partners.
Wraps & Platforms_
Avalon News
AIM (formerly Alternative Investment Market) funds and investments have been approved for use within ISAs and are now available on the Avalon platform.
New Platform Services features on Aviva for Advisers
This weekend weve made further improvements to Platform Services on Aviva for Advisers.
Aviva Platform moves to top spot in Platforum Market Monitor table
Last week, The Platforum announced that Aviva was top of its Market Monitor table
Aegon: Platforms - the new Spinning Jenny
The mid-1700s saw the start of the Industrial Revolution in Britain, which transformed peoples lives.
Record first half performance boosts Ascentric and IFDL
Independent wrap platform Ascentric and institutional arm IFDL had two consecutive quarters of record net inflows to achieve its strongest ever first half performance
The Lang Cat's Second Guide to Platform Pricing
We welcome for the first time the lang Cat to our Bento commentary spot today to air some of the findings from the lang cats second Guide to Platform Pricing.
Canada Life: The right wrapper
When advising a client about a lump sum investment, one of the things an adviser will do is identify the clients objective; such as generating income, potential capital growth or for trust and estate planning purposes.
FundsNetwork Pension seminars - registration now open
FundsNetwork is running nationwide seminars in October to showcase their new platform pension and demonstrate how it integrates with their other platform tools and services.
Ascentric and IFDL hit 50,000 customer milestone
Independent wrap Ascentric and institutional arm IFDL today announces that it has hit 50,000 customers on the platform since its launch in 2007.
Platforms arriving for a client near you
As many of you will know we have a great working relationship with My Touchstone which provides advisers with unique insights into trends in their market.
Scottish Life: New platform rules bring greater expectations
Does the policy statement PS 13/1, published at the end of April, mean advisers have to police the platforms?
Fidelity response to the FCA Platform Policy Statement
2013 marks a turning point for platforms. The publication today by the FCA, coupled with the recent HMRC rules, will affect all platform businesses and the outcomes will change the market landscape.
The Platforum - The FCA paper and laundromats
Great excitement as the FCA published the long awaited PS13/1 confirming policy on payments to platform service providers and cash rebates from providers to consumers.
Over 40% of funds on Ascentric already have clean share classes
Independent wrap platform Ascentric today announces that its users already have access to 1,600 funds with clean share classes. The announcement follows the recent HMRC ruling on rebates which heightened adviser demand for access to clean share classes.
Platform usage update
We thought you may be interested in this latest set of data relating to platform usage at the end of Q4 2012 made up of the UK population of Financial Advisers
Rayner Spencer Mills 2013 Guide to UK Adviser Platforms
Published since 2006, this edition of our platform guide places a particular emphasis on the benefits that platforms provide to advisers, and in turn, their clients.
FundsNetwork: Proposed abolition of Schedule 19 stamp duty reserve tax
The proposed abolition of schedule 19 stamp duty reserve tax may look a tad dull but is of considerable relevance to investors in UK investment funds
Platforum offer extended due to popular demand
The Platforum is the leading independent advisory, research and events business which specialises in investment platforms. Our work covers the IFA, direct to consumer and corporate platform markets.
Happy RDR New Year as we hit the road, Jack
Happy New Year tout le monde I'm not quite sure where January has actually gone! December was a blur for a number of reasons and not all of them social ones
Kettlewell joins Nucleus from Aviva
Nucleus, the IFA-owned and controlled wrap platform, has appointed Aviva's Alistair Kettlewell to the newly-created position of Platform Marketing Manager.
Reflections on July - Pat's blog
After a really hectic June, July for me is a month for reflecting on the past 6 months
Nucleus further enriches technology
Nucleus, the IFA-owned and controlled wrap platform, has enriched its technology in order to provide faster and easier administration for advisers.
Gunpowder, Treason and Plot. Or should it be Hope, Expectation and Faith?
The fifth of November is remembered in the United Kingdom primarily for a Catholic plot to blow up the newly installed Anglo-Scottish King James VI (or I depending on your allegiance) and his entire parliament.
Nucleus makes further platform enhancements
Nucleus, the IFA-owned and controlled wrap platform, has further enhanced its platform to provide independent financial advisers (IFAs) with even greater control of their clients' accounts, and making it easier to create, monitor and maintain portfolios.
Choosing the wrong platform can be costly, according to Defaqto
According to independent financial research company Defaqto, if advisers make the wrong platform selection decision and have to change provider it can be a costly exercise
Ascentric unveils new brand look
Independent wrap Ascentric has today launched its new brand look to reflect more clearly the sophistication of its IT infrastructure, the nature of its business and echo the transparency of the platform.
Ascentric new business up 189%
New assets under administration were up 189% to £1,217m in 2010 marking a record year of growth for the independent wrap platform.
Nucleus expands communications team
Nucleus, the IFA-owned and controlled wrap platform, has bolstered its communications team
Ascentric introduces Wrap Driving Test
Ascentric, the independent wrap platform, has launched its own Driving Test.
Ascentric introduces Wrap Driving Test
Ascentric, the independent wrap platform, has launched its own 'Driving Test'. This is a new training service for Financial Advisers that assesses their knowledge and understanding of the Ascentric platform, and ensures they are confident in explaining its functionality to their clients.
Six of the best for Nucleus as IFA interest soars
A surge in adviser interest has seen Nucleus Financial Group sign six new IFA firms
Ascentric strengthens its Business Development Team
Ascentric, the independent wrap platform, today announces the appointments of Suzanne Lacey and Max Newman as Business Development Managers in the South West and South East respectively.
Nucleus - IFAs put forward proposal for one page platform disclosure document
The IFA firms that own and control the Nucleus wrap have devised a proposal for a one page disclosure document they believe should set the standard for the platform industry.
Ascentric broadens its appeal through new charging structure
Independent wrap Ascentric today announces a new charging structure that will make it more competitive for advisers placing lower value cases on the platform.
M&G - How RDR is prompting a technology review
Many advisers are rightly focused on the most pressing aspects of RDR - the qualification requirements and shift to adviser charging. But a firm's client communication strategy will be increasingly important in the post-RDR world.