Ascentric Wrap

Consumer and adviser platforms

Resigned from role as chairman of Altus

FUM climb 11%

Ascentric posts strong results

Ascentric has introduced an inclusive platform charge as it moves to give advisers more charging options for their clients.

Ascentric managing director Hugo Thorman is to leave the firm this summer following Royal London's buyout of the platform's minority shareholding in the business.

Ascentric's managing director, Hugo Thorman, has argued advisers' use of model portfolios is hindering the popularity of investment trusts.

Revealing platforms' profitability (and why it matters)

Platforms are stepping up their white-label investment offerings to advisory firms as an increasing number of orphaned clients presents a challenge ahead of the 2016 legacy commission ban.

Platforms