Why we use a single platform

It could not have been put much clearer, could it? In a guidance document for advisers, the Financial Services Authority (FSA) said it believed it would be “very rare, if possible at all” for a firm to use a single platform for most of its clients and remain independent. Advisers have taken notice: research from CoreData, published last week, suggested single platform use is beginning to fall, with a sixth of advisers now using one platform, compared with a fifth a year ago. According to the report, which polled some 1,250 advisers, a third (32%) are writing business through two platf...