Platforms

The chief executive of UK platform giant Cofunds has acknowledged the business "should be generating more profit" despite an 83% increase in 2014 figures reversing a previous downwards trend.

Old Mutual Wealth platform marketing manager Mike Barrett is to join the lang cat consultancy as a consulting director.

Hedge fund Elliott Advisors' call for a shake-up of the Alliance Trust board represents more than a straightforward corporate dispute, writes Abraham Okusanya. It has implications for adviser platform due diligence...

The number of platforms targeting advisory firms is likely to halve after 2017, according to Standard Life's David Tiller.

The 400-day problem, solved

Platform inflows reached record highs in the fourth quarter of 2014 as upcoming pension freedoms and demand for income boosted inflows, according to Fundscape.

Retail fund management is "out of control" and should borrow ideas from the institutional sector to radically reorganise, Nucleus chief executive David Ferguson has said.

Fidelity UK Personal Investing head Mark Till has left the company after three years in the role, Investment Week can reveal.

Legal & General has said it must "operationally leverage" its Cofunds platform and boost flows into its asset management arm this year in order to improve its business mix.

The potential sales of Transact and Seven Investment Management (7IM), as well as increased scrutiny from the regulator, have prompted advisers to start probing platforms on their exit strategies.