Top tips on platforms due diligence

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AIFA has launched a platforms decision-making guide as advisers' due diligence methods come under increased regulatory scrutiny. Here are the key messages...

Interrogate your business strategy before deciding which platform(s) to adopt -Undertake a thorough review of your business. Consider what advice solution you currently provide by canvassing clients. -What additional services would your client like to see - devise questionnaires as to how you could improve your offering. Take tips from other advisers.   Ensure you understand the platform's credentials -Compare different platforms across a broad range of criteria and use comparison tools. Request references from platform providers and get feedback from other advisers.   E...

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