How can you check you have the right platform?

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With so many platforms to choose from and new entrants set to join the industry, how can advisers make sure they pick the right proposition for their clients? Maria Merricks investigates.

The number of advisers embracing platforms as part of their business infrastructure is expected to surge thanks to the upcoming RDR requirements which will call for new focus on client service and transparency of charges. Choosing the wrong platform, however, can be catastrophic for both IFAs and clients, and it is with this in mind the FSA have swooped on due diligence, making it clear advisers must conduct a comprehensive and robust review on platforms. The regulator says these recommendations must be based on suitable reasons and backed up with evidence, meaning the due diligence p...

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