Platforms
UK advisers to recruit as more pass £1m income barrier
A third of UK advice firms reported annual income of more than £1m ($1.23m, €1.16m) in 2016, with nearly half of all firms planning to recruit in 2017, according to a survey from insurance giant Aviva.
Allfunds plans Asian expansion from new Singapore hub
Mutual funds platform operator Allfunds Bank has announced plans to expand across Asia by launching an operational hub in Singapore to service a new local business, which will open early next year, as well as businesses in Hong Kong and Taiwan.
Best Practice | 14 Dec 16
Nucleus launches online learning platform for advisers
Adviser built-wrap Nucleus has launched an online portal to help UK adviser firms with their professional and practice development.
PortfolioMetrix and Praemium announce partnership
Discretionary investment manager PortfolioMetrix has launched a strategic partnership with UK and international discretionary platform Praemium.
ANALYSIS: Is Barclays’ new platform the start of Fintech 2.0?
Barclays’ announcement on Monday that it has launched an execution-only platform should come as no surprise. But, it should serve as a reminder to wealth managers not to get too complacent.