Two out of five people would be willing to complete online fact-finds before meeting with an adviser if that would reduce the cost of advice, according Prudential.
Apple shares hit a new record of almost $681 a share in US trading overnight as investors continued to digest the fallout from a $1bn patent lawsuit.
Openwork is to reduce the charge it levies on restricted advisers writing investment and pension business on its platform.
Chris Read looks at the rapidly expanding platform market and asks how it need to evolve to more fully service the retirement market.
Retail banks are the most likely driver of consolidation in the platform market, according to a leading back-office provider.
Zurich is still undecided about the launch date of its long-awaited adviser platform.
More than a quarter of advisers cite cost as the most important consideration for platform implementation, according to research.