This is expected to increase due to Consumer Duty

Comes after it did not fulfil its duties as a trustee of a SSAS scheme

Majority of advisers that see this have client portfolios less than £100,000

The Liverpool DFM entered special administration in October 2023

Research finds it is due to a lack of understanding and confidence

‘Sophisticated investors want more advanced solutions’

‘People still call me a financial adviser when I am a coach’

Fundscape expects platform growth recovery in second half of the year

Including Abrdn, Aviva, Curtis Banks, Fidelity, Quilter, and Scottish Widows

Software package to support planners with development