Platforms
UBS targets mass affluent market with new wealth platform
Swiss banking giant UBS has rolled out a new digital platform in the UK targeting a broader pool of investors.
Allfunds Bank to be sold in €1.8bn deal
Allfunds Bank is to be sold to private equity firm Hellman & Friedman and Singapore’s sovereign wealth fund, GIC, in a deal that values the European mutual fund platform at €1.8bn (£1.55bn, $1.9bn).
People Moves | 6 Mar 17
Praemium names interim CEO after sacking Ohanessian
Platform provider Praemium has named Robert De Luca as interim chief executive following its decision to part ways with Michael Ohanessian last month.
People Moves | 22 Feb 17
Praemium sacks chief executive Michael Ohanessian
Australia-headquartered platform provider Praemium has terminated the employment of chief executive and managing director Michael Ohanessian.
Novia Financial launches DB pension transfer service
Novia Financial has launched a transfer value analysis system (TVAS) service to help advisers compare the pension benefits under defined benefits (DB) schemes with the Novia self-invested personal pension (Sipp).