fund platform

It is that time of year again when Investment Week reveals the winners of the highly prized Aberdeen Platform awards. Congratulations to all the winners and runners-up.

Eighth charging reduction since 2008

Exclusive talks with parent L&G

Brewin Dolphin is rebranding its Managed Funds Service (MFS) and plans to expand the range of portfolios on offer, making them available on more platforms in the future.

An award for the direct platform offering the most transparent and plain-English charges, terms and conditions has no recipient for the second year running.

Average investors have seen their platform costs tumble by almost a fifth in the last five years, according to research by the lang cat, but advisers are not favouring the cheaper options.

Platform group Allfunds Bank has hired Simon Shapland to head up its UK and Ireland business, following the departure of UK managing director Stephen Mohan.

Legal & General's decision to invite offers for Cofunds just two years after it bought the platform is fraught with a number of potential pitfalls, according to industry commentators.

The Caledonia investment trust has agreed to acquire a 94% stake in Seven Investment Management in a deal valuing the firm at £100m.

Legal & General is understood to be considering a sale of its Cofunds platform, just over two years after it sealed a deal to take full ownership.