Wrap Platforms News Today

As the likes of Crescent Wealth and Insignia Financial respond to the 2023 superannuation performance test results, the Financial Services Council (FSC) and Super Consumers Australia have said the government must still do more to ensure members in underperforming products are looked after.

The judges for the 2022 Schroders UK Platform Awards have now discussed the entries and decided upon the shortlists from which the winner will be chosen.

Morningstar has completed its acquisition of Praemium’s operations in the UK, Jersey, Hong Kong, and Dubai in a deal valued at £35m.  

Suffolk-based Chartered firm Beckett Investment Management has bought Felixstowe firm Paul Schwer Financial Services.

Advisers attempting to sit exams this morning were again unable to access the Chartered Insurance Institute's (CII) website due to technology issues.

Quilter Private Client Advisers, one of Quilter’s three advice businesses, is on the hunt for two new financial planning managers who can monitor business production and embedded client contact and sales strategy.

Supported by private equity investor Copper Street Capital, independent financial advice and fund management firm One Four Nine Group has launched with the acquisition of two advisory firms.

In response to the launch of the CII’s 'Shaping the Future Together' consultation on Friday, the Personal Finance Society (PFS) said it regretted that the Chartered Insurance Institute (CII) did not engage with the PFS Board to draft the document together.

James Hay marketing director Stephen Wynne-Jones will also be in charge of Nucleus Financial's marketing after the company completed the acquisition of the platform business in August earlier this year.

The first stage of the judging process is complete and the organisers of the Schroders UK Platform Awards have revealed the shortlists for three of the major awards.