Platforms

Hargreaves Lansdown shares dropped as much as 4% after co-founder and majority stakeholder Peter Hargreaves stepped down from the company's board with immediate effect.

Transact has reported record pre-tax profits for 2014 as it gains 10,000 new clients.

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.