FCA issues warning on platform outages

The Financial Conduct Authority (FCA) has issued a warning to platforms on IT outages and severe operational activities in a Dear CEO letter.

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15% growth in advised customers for AJ Bell

Investment platform AJ Bell has reported a 15% rise in advised customers year on year, and 4% over the third quarter, in its latest trading update.

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4 in 10 Planning firms considering platform ownership

Over 4 in 10 (44%) of Financial Planning firms are considering operating a platform of their own instead of using or white-labelling a third-part platform, according to a new report.

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Transact FUD rises 7.2% as IFAs place £1.99bn

Funds under direction (FUD) for adviser platform Transact rose 7.2% over the quarter ending 30 June.

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