Platforms

Standard Life has claimed it has secured super-clean fund classes from 15 major fund groups, the first confirmation that asset managers are willing to give ground on pricing.

Transact head of marketing Malcolm Murray has announced his intention to depart the firm after nearly 13 years employment.

Platforms will need to have at least £40bn in assets under management to survive the margin squeeze caused by new regulations, research by Deloitte has claimed.

Axa Wealth has appointed Skandia's former head of proposition Graham Bentley as its interim head of fund group relations.

This week has seen further volatile moves in markets - particularly within fixed income as investors unwind positions in government and emerging debt - while Chinese equities also hit the headlines on fears of a slowdown in the country.

Old Mutual's Stephen Message is looking to life companies with their own platforms to boost dividend payments for his fund.

Financial advisers are being invited to cast their votes in three key categories at the Aberdeen UK Platform Awards.

Platform Novia has seen its profits before tax jump by more than a fifth in 2012, after assets climbed sharply to rise above £1.4bn.

Axa Portfolio Services - the parent company of the Axa Elevate platform - has reported a pre-tax loss of £29.9m for the year ending 31 December 2012, representing a 10% improvement on the £33.5m loss recorded for 2011.

Raymond James has launched a bundled pricing model on its platform as part of a drive to attract smaller investors.