Platforms have not yet lived up to their potential to be genuinely transformative for advisers, finds a new report from the Lang Cat. It says the promise to make the delivery of advice more efficient and responsive has, at best, been only partially fulfilled. It suggests that, in some cases, platforms are still not doing the basics well enough, and they will have to raise their game if they are to survive in an increasingly competitive environment.
[Source: Portfolio Adviser : October 23, 2015 – By Cherry Reynard]
