Reaction to the FCA’s new targeted support proposals announced today has been positive, particularly in relation to the effect it will have on people's attitude to pensions.

Private bank Weatherbys, which has a history dating back 240 years, has launched a new execution-only platform for clients with trading fees from 0.01%.

AJ Bell’s platform customer numbers increased by 66,000 over the past year to nearly 542,000, up almost 14%.

A new trade body has been launched to represent the £1trn investment platforms industry.