Private equity firm Preservation Capital Partners has today acquired the Parmenion platform from owners Standard Life Aberdeen for "up to £102m."

Private equity-owned platform James Hay has sold its closed book of SSAS schemes to Westbridge SSAS.

Integrafin, the parent company of adviser platform Transact, has faced significant shareholder opposition at its AGM to three board reappointments, including chairman Richard Cranfield and founder Michael Howard.

Asset Intelligence Research Partners, owned by Financial Planning and financial services group Superbia, has launched a new platform for advisers “dissatisfied” with current platforms.