Net adviser platform flows fell to £655m in the fourth quarter of 2023, their lowest total on record, according to analyst Fundscape.

Two of the founders of fast growing white label platform Seccl - Dave Harvey and Hugo Thorman - are to exit as Octopus expands its stake in the business.

Schroders Personal Wealth (SPW), the Financial Planning arm of Schroders and Lloyds Bank, is launching its own platform to give clients a better and more streamlined service.

Total advised customers at platform and SIPP provider AJ Bell rose 8% year-on-year in the quarter ending 31 December, according to a trading update today.