Platforms

Tenth ceremony taking place in September

Only a handful able to achieve profitability

Trading charges of 5bps

It is that time of year again when Investment Week reveals the winners of the highly prized Aberdeen Platform awards. Congratulations to all the winners and runners-up.

Eighth charging reduction since 2008

Exclusive talks with parent L&G

Strategy to grow Solutions business

Provider LV= has bought a majority stake in robo-advice operation Wealth Wizards.

An award for the direct platform offering the most transparent and plain-English charges, terms and conditions has no recipient for the second year running.

Average investors have seen their platform costs tumble by almost a fifth in the last five years, according to research by the lang cat, but advisers are not favouring the cheaper options.