The majority of advisers are preparing to carry out extra platform due diligence following the publication of the Financial Conduct Authority's (FCA) platform paper.

Transact head of marketing Malcolm Murray has announced his intention to depart the firm after nearly 13 years employment.

Axa Wealth has appointed Skandia's former head of proposition Graham Bentley as its interim head of fund group relations.

Her Majesty's Revenue & Customs (HMRC) has upheld the VAT exemption on discretionary fund manager transaction fees.

Thomas Miller Investment has appointed former Psigma IM head Matthew Lonsdale as its new head of intermediary business development.

Axa Portfolio Services - the parent company of the Axa Elevate platform - has reported a pre-tax loss of £29.9m for the year ending 31 December 2012, representing a 10% improvement on the £33.5m loss recorded for 2011.

HM Revenue & Customs (HMRC) has issued a number of clarifications on the updated tax rebate position following requests from providers.

Investors who switch from bundled to clean share classes will not have to pay capital gains tax as a result of transferring, new rules introduced by HM Revenue & Customs (HMRC) clarified today.

The UK economy grew by 0.6% in the three months to the end of May, driven primarily by growth in the production and private services sectors, according to the National Institute of Economic and Social Research (NIESR).