4 external platforms to host AJ Bell MPS funds

Abrdn (formerly Standard Life Wrap), Aviva, Praemium and Quilter are to offer AJ Bell Investments’ managed portfolio service (MPS) to boost the number of Financial Planners able to access the funds.

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Praemium funds under administration rise 55%

Australian-owned wrap platform Praemium, used by a number of UK Financial Planners, has reported a 55% rise in funds under administration for the year ending 30 June 2021.

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Australian-owned platform Praemium to sell UK arm

The Australian-owned wrap platform Praemium, used by a number of UK Financial Planners, is to sell off its UK and international operations after receiving approaches from potential buyers.

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Platform Praemium opens Scottish fintech hub

Platform provider Praemium has opened an office in the Scottish Centre of Fintech Excellence in Edinburgh as part of international expansion plans.

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