Ascentric has temporarily shut down its existing and recently-constructed platform as it ports clients to the Bravura-backed proposition.

Independent wrap platform Ascentric has announced the appointment of Rob Regan as chief executive.

The latest research from the Association of Investment Companies, the trade body for investment trusts and investment companies, has revealed that purchases of investment companies by advisers and wealth managers on adviser platforms surged to a record level of £745m in the first nine months of 2017.

Thesis Asset Management is to add two of its model portfolios to the Seven Investment Management platform.