Clive Waller, managing director of CWC Research, looks at technology developments affecting the platform industry.
The wrap community, which is pretty much all of us, anxiously awaits the next consultation paper, following DP 10/2. It was set for the summer but has been delayed, we assume, due to the huge lobbying effort from the fund platforms. This delay is not good for an industry that needs to invest heavily in technology. Indeed, recently rumoured uncertainly about the very future of RDR itself does little for the reputation of the regulator. Currently, there are two big debates in the platform world: Will the FSA allow bundled pricing post-RDR? Will it be possible for an adviser to emplo...
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