Platforms

Hargreaves Lansdown chief financial officer Tracey Taylor has stepped down from her role and will leave the business next year.

Revealing platforms' profitability (and why it matters)

AXA Elevate has said a ‘systems error' is causing delays in income payments to hundreds of clients on the platform.

Legal & General (L&G) is splitting its savings business in two and restructuring other parts of its L&G Assurance Society (LGAS) division ahead of the departure of the arm's chief executive John Pollock next May.

Platforms will hold off cutting fees further until after they have dealt with significant changes to pricing structures in the first half of 2016, Standard Life's platform head has predicted.

Rob Hudson is leaving his role as head of Charles Stanley Direct at the end of December after three and a half years.

Square Mile Investment Consulting and Research is to provide fund research for Cofunds users in a partnership between the two companies.

Old Mutual Wealth's investment platform expert Mike Barrett (pictured) explains the thinking behind the group's plan to bulk-convert clients to unbundled share classes in 2015.

Old Mutual Wealth, the UK's third largest adviser platform with funds under administration of £30bn, will begin bulk converting any remaining clients in bundled share classes to unbundled in February 2015.

Nucleus has boosted assets under administration by 25% year-on-year in the third quarter after a strong summer for gross inflows.