AJ Bell’s adviser platform Investcentre has axed two SIPP charges and cut several custody charges on its platform at the same time as it is increasing the amount of interest paid on clients’ cash.

Advised customers increased 10% year-on-year to 159,256 for platform and SIPP provider AJ Bell for the year ending 30 September.

Vanguard has reached a milestone of 500,000 clients - including SIPP customers - on its UK Personal Investor (UKPI) platform just under six years after it was launched.

The Octopus-owned platform and white label provider Seccl has launched a new ‘low cost’ online-only SIPP which it says cuts out paper.

M&G Wealth is to add its PruFund Planet range of ESG-focused multi-asset funds as an advised investment choice on its own M&G Wealth Platform (formerly Ascentric) for the first time. 

Investment platform and SIPP provider Parmenion is to introduce new charges to help cover the cost of work involved in selected products.

Private equity firm AnaCap Financial Partners has acquired Novia, the £8bn adviser platform and SIPP provider.

Over a third (35%) of Britons have never reviewed their plans for retirement, with more than 29% admitting they do not expect to have enough money when they do retire, according to new research.

Standard Life has added a number of new services on its wrap platform to support Financial Planners and improve the experience of their clients following feedback from advisers.

Platform and SIPP operator AJ Bell is to open its adviser platform to selected DFM funds from the second half of 2020, it revealed in its six month interim results out this week.