How do you see the platform market evolving in the UK? Can you see platforms becoming a vital part of how advisers do business?

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Each month, we ask our industry to answer one big question!

Peter Carter is head of product marketing at MetLife UK Platforms are already well-established and it is estimated that around 90% of advisers currently use them in some shape or form. Research by Bankhall, which runs the Portavista platform, among its members found 16% place 61% or more of their business through platforms compared with 11% last year. The future for platforms as a concept is bright but it is likely that only a select number will thrive for the simple reason that advisers will only be able to use one or two at most. The platforms that will be successful will have to be...

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