Is the FCA barking up the wrong tree over platforms?

Is the FCA barking up the wrong tree over platforms?...

The Financial Conduct Authority wants to use the platform review to drive more competition in the asset management sector, but experts are asking whether it is looking in the wrong place.

UK platform inquiry a ‘red herring’ says Novia CEO Vasilieff

UK platform inquiry a ‘red herring’ says Novia...Lock icon

The Financial Conduct Authority's (FCA) inquiry into online platforms risks focusing on the wrong issues and could fail to yield a good result for clients, according to industry expert and Novia chief executive Bill Vasilieff.

Published : 21, Jul 2017
China’s Lufax launches offshore retail platform in Singapore

China’s Lufax launches offshore retail platform...

Lu International, a subsidiary of Shanghai-based wealth manager Lufax Holdings, is launching its first direct-to-consumer online investment platform for Chinese overseas retail clients.

Published : 18, Jul 2017
Nucleus slashes platform fee for wealthy clients

Nucleus slashes platform fee for wealthy clients...

Nucleus is set to slash costs for high-value clients on its platform to meet demands for a “more competitive structure” for large portfolios.

Published : 29, Jun 2017
Singaporean firm to build platform for Malaysia’s life insurers

Singaporean firm to build platform for Malaysia’s...

A unit of Singapore-based tech firm Silverlake Axis has won a contract to develop a digital platform for life insurance and takaful providers in Malaysia.

Published : 23, Jun 2017
DFMs and platforms: a mutually beneficial partnership

DFMs and platforms: a mutually beneficial partnership...Lock icon

The offshore platform market is nowhere near as developed as the UK but there is a huge opportunity for platforms and discretionary fund managers (DFMs) to work together, as David Field, Novia Global’s head of customer services, explains.

Published : 1, Jun 2017
Int’l platform Momentum adds ‘guided architecture’ fund range

Int’l platform Momentum adds ‘guided architecture’...

International platform provider Momentum has launched a new “guided architecture” fund range, which it has developed with its UK asset management arm Momentum Global Investment Management (MGIM).

Published : 31, May 2017
AJ Bell grows revenues amid record new client sign-ups

AJ Bell grows revenues amid record new client...

Online investment platform AJ Bell has reported rapid growth in its revenues after it added almost 12,000 customers in the space of six months.

Published : 22, May 2017
ANALYSIS: Are platforms facing an ‘existential crisis’?

ANALYSIS: Are platforms facing an ‘existential...

As certain platform businesses boomed in Q1 with year-on-year sales over 30% higher, others posted huge losses, begging the question: are they facing an “existential crisis”?

Published : 16, May 2017
Ohanessian reinstated as Praemium chief exec after board purge

Ohanessian reinstated as Praemium chief exec after...Lock icon

Michael Ohanessian has been reappointed chief executive of Australia-based platform provider Praemium following a shareholder vote to remove the chairman and three directors last week.

Published : 15, May 2017
Praemium’s ex-CEO triumphs as chairman and board are removed

Praemium’s ex-CEO triumphs as chairman and board...Lock icon

Michael Ohanessian, the former chief executive of Praemium, has successfully ousted the company’s chairman and three directors who sacked him in February 2017.

Published : 12, May 2017
UBS AM launches cross border Hong Kong platform

UBS AM launches cross border Hong Kong platform...

UBS Asset Management has launched a Hong Kong mutual fund platform, setting sights on distribution into the onshore China market, said Markus Egloff, head of wholesale client coverage for Asia ex-Japan.

Published : 13, Apr 2017
Record int’l inflows for Praemium despite boardroom battle

Record int’l inflows for Praemium despite boardroom...

Platform provider Praemium reported record international inflows of A$184m (£113m, $138m, €130m) in the first three months of 2017, despite an ongoing power struggle between the company’s board and its ousted chief executive.

Published : 11, Apr 2017
Tensions rise as Praemium face off approaches

Tensions rise as Praemium face off approachesLock icon

Ousted Praemium chief executive Michael Ohanessian’s "aggressive" relationship with the board and his unwillingness to “make necessary changes in his behaviour” are why shareholders should vote against his reinstatement, chairman Greg Camm has said.

Published : 5, Apr 2017
Coutts opens online platform; launches passives range

Coutts opens online platform; launches passives...

Coutts is offering access to five risk-graded multi-asset passive funds via a new online platform, Coutts Invest.

Published : 4, Apr 2017
AJ Bell unveils holdings for multi-asset launches

AJ Bell unveils holdings for multi-asset launches...Lock icon

AJ Bell’s first fund launch, a range of five diversified multi-asset funds that are risk-rated from cautious to adventurous, will start trading on 18 April 2017.

Published : 28, Mar 2017
Praemium agrees to showdown with ex-CEO Ohanessian

Praemium agrees to showdown with ex-CEO Ohanessian...Lock icon

Australia-based platform provider Praemium will hold a shareholder meeting at the request of recently sacked chief executive Michael Ohanessian after he launched a bid to oust chairman Greg Camm and three directors.

Published : 22, Mar 2017
Sacked Praemium CEO Ohanessian tries to oust chairman

Sacked Praemium CEO Ohanessian tries to oust chairman...

Former Praemium chief executive Michael Ohanessian has requested the company hold a general meeting in a bid to oust chairman Greg Camm and three directors.

Published : 20, Mar 2017
Asset management sector review dwarfs RDR, says Nucleus CEO

Asset management sector review dwarfs RDR, says...

The UK Financial Conduct Authority’s report into the asset management sector is “way bigger” than the retail distribution review (RDR), with fund managers expected to “bear the sharp end of the pressure on fees”, says David Ferguson, chief executive of wrap platform Nucleus.

Published : 14, Mar 2017
UBS targets mass affluent market with new wealth platform

UBS targets mass affluent market with new wealth...

Swiss banking giant UBS has rolled out a new digital platform in the UK targeting a broader pool of investors.

Published : 8, Mar 2017

Sponsored Content

Five common mistakes UK expats make about domicile and tax
Five common mistakes...Lock icon

British expats still have some crucial misunderstandings...

St James’s Place fails on disclosure says UK consumer watchdog
St James’s Place fails...Lock icon

Financial advisers from St James’s Place are failing...

S Africa to scrap tax exemption for expats, overseas workers
S Africa to scrap tax...

South Africans living and working in no and low tax...

UK platform inquiry a ‘red herring’ says Novia CEO Vasilieff
UK platform inquiry a...Lock icon

The Financial Conduct Authority's (FCA) inquiry into...

IoM’s collapsed Louis Group gets second director ban
IoM’s collapsed Louis...Lock icon

A second Isle of Man director of South Africa-headquartered...

OTHER STORIES FROM LAST WORD...