Platforms Financial News

18.12 / 09:09

Technology companies Platforms Allfunds Allfunds launches analysis tool with wealth platform Ardan

The tool allows advisers to compare over 190,000 funds with information drawn from external market data vendors, the firm said.

03.06 / 02:33

defi traders risk Bitcoin Platforms Returns Crypto 're-staking' platforms boom as traders chase bigger returns

risk for users and the crypto market. The soaring popularity of so-called "re-staking" is the latest sign of risk-taking in crypto markets as prices rally and traders hunt for yield. Bitcoin, the biggest cryptocurrency, is near all-time highs while ether, the second biggest, is up more than 60% this year.

14.02 / 13:51

companies Abrdn Platforms Virgin Money stake abrdn takes 60% haircut on Virgin Money stake as bank assumes full ownership of investment venture

Then-ASI purchased a 50% stake in the joint venture for £40m plus capital adjustments of £10m, for a total sum of £50m, which has been purchased by Virgin Money for £20m, a 60% discount on the original purchase price.

18.01 / 14:37

companies AJ Bell Platforms Q4 AJ Bell platform assets hit record £76.2bn as inflows soar 62%

Michael Summersgill (pictured) is CEO of AJ Bell.

10.01 / 13:40

Jefferies companies Platforms Jefferies retains 'Buy' rating for Hargreaves Lansdown

In 2021 and 2022, Hargreaves earned £50m in each year on client cash, and the analysts estimated the income will grow to around £270m for the 2024 financial year.

12.12 / 10:03

regulation Interest rates financial conduct authority FCA Platforms Customer FCA raises alarm on platforms' handling of customer cash interest

Firms have been told to make changes by 29 February 2024.

11.12 / 15:47

funds Platforms European Opportunities European Opportunities among seven funds at risk of removal from TILLIT best buy list

The report also revealed that the majority of active funds in the universe had outperformed their benchmarks and peer groups over the long term.

07.12 / 12:45

Morningstar AJ Bell Evelyn Partners Platforms LTAFs elude retail investors as platforms shun Innovative Finance ISA

AJ Bell, Hargreaves Lansdown, interactive investor and Evelyn Partners’ Bestinvest all told Investment Week they currently have 'no plans' to offer an IFISA.

30.11 / 13:37

Robinhood Trading Platform US Platforms US stocks Robinhood expands trading offering to the UK

Access to the Robinhood app will be given on a rolling basis for the time being, reaching full availability in early 2024.

22.11 / 14:07

economics UK Unit trusts/OEICs Platforms ISA Autumn Statement 23: LTAFs to be included in ISAs amid sweeping regime overhaul

LTAFs will be «brought into the scope of Innovative Finance ISAs from April 2024», according to the Autumn Statement

02.11 / 12:53

Investment trusts Fundsmith Equity Platforms Interactive Investor Scottish Mortgage fundsmith Income funds knock Scottish Mortgage and Fundsmith Equity off most bought spots

Kyle Caldwell, collectives editor at interactive investor, said the change was part of a wider trend of growth strategies losing out to income strategies in the popularity stakes.

23.10 / 19:29

People moves AJ Bell Platforms MPs AJ Bell promotes Ryan Hughes to lead MPS and multi-asset proposition

AJ Bell's Ryan Hughes (pictured) has been promoted to the role of investment director.

20.10 / 12:59

property M&G Platforms open Open-ended property fund closures fail to spark platform provider interest in LTAFs

Hargreaves Lansdown said it is «committed to analysing new funds as they come to market» and will review its position in a year’s time.

19.10 / 07:41

companies Results Aum AJ Bell Platforms AJ Bell sees £4.2bn net platform inflows against 'challenging' backdrop

AJ Bell chief executive Michael Summersgill (pictured).

18.10 / 10:05

UPS CEO Platform companies exclusive Platforms Q3 Quilter core inflows plummet to just £1m in Q3

Quilter CEO Steven Levin

06.10 / 13:13

Fidelity FCA Consumer Duty assessment of value Platforms Interactive Investor interactive investor moves to restrict poor value investments on its platform

The platform said it is not currently publishing a list of unavailable investments, but it is alerting customers who have regular investments set up.

20.09 / 14:31

Fidelity Investment trusts Unit trusts/OEICs Platforms Fidelity platform restricts Crux European Special Situations fund after Richard Pease retirement

CRUX founder Richard Pease

14.09 / 11:33

Platforms investment platform TILLIT expands investment platform with four 'best-in-class' funds

Sheridan Admans (pictured) is the head of fund selection at TILLIT.

06.09 / 11:27

UK Premier Miton Platforms ISA boost Premier Miton calls for increased ISA allowance to boost UK investment

The firm argued the ‘GB ISA’ would provide an attractive listing environment for UK start-ups and private companies to remain in the UK, as there would be a guaranteed pool of investment.

17.08 / 12:45

AJ Bell Quilter Consumer Duty Platforms Platform industry suffers worst Q2 sales since 2010

Hargreaves Lansdown attracted £902m in net sales for the second quarter of 2023.

31.07 / 11:35

fees Platforms Interactive Investor interactive investor cuts trading fees by 33%

This is the fourth cut to trading fees ii has made in the last five years.

frequently asked questions about Platforms

What is Platforms and why is it relevant?

Platforms is a significant category that is in the spotlight. On our site, we regularly publish news related to this subject.

Where can I find the latest updates on Platforms?

All latest articles about Platforms can be found in the special selection. We publish information as it becomes available.

How can I verify the accuracy of information on Platforms?

We consult with professionals to ensure that the information about Platforms is well-supported and valuable for our readers.