Calm down, calm down: Platform row heats up

clock

As supermarkets and wraps engage in ideological warfare ahead of what promises to be a challenging year, Ascentric issues a plea for unity…

Ascentric chief Hugo Thorman recently called on the platform community to adopt a “unified voice” amid an escalating tit-for-tat between the fund supermarket and wrap camps. While wraps have warned their supermarket rivals face a year of reckoning as they look to transition to the unbundled world, supermarkets have hit back with claims the wrap community also faces a number of challenges. But Ascentric managing director Hugo Thorman said the platform community would be better positioned to influence regulatory policy if its members spoke with a collective voice. “I would love to ha...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Your profession

Student debt and advice: 'Strong case' for it to be given greater attention

Student debt and advice: 'Strong case' for it to be given greater attention

Overlooked but ‘shouldn’t be ignored’

Isabel Baxter
clock 09 February 2026 • 8 min read
Female client focus 'vital' as great wealth transfer comes

Female client focus 'vital' as great wealth transfer comes

Intergenerational wealth planning importance

Professional Adviser
clock 06 February 2026 • 1 min read
Andrew Goodwin: Flipping the narrative on successful investing

Andrew Goodwin: Flipping the narrative on successful investing

'He's a pinball wizard, there has to be a twist'

Andrew Goodwin
clock 06 February 2026 • 4 min read