What the future holds for platforms

PLATFORMS

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As advisers are under extra regulatory pressure, so too are platforms. Paul Richards, deputy head of FundsNetwork, assesses what the future may have in store…

I often get asked questions pertaining to the future of our industry. Answering such questions is obviously difficult because of the many unexpected events than can happen. Given this, perhaps the best that anyone can reasonably hope to do is to take a view based on the information available at any given point in time. As we move closer to the start of 2013, I have been trying to look ahead to the future. One of the most notable things about the environment of the past few years has been the dramatic increase in financial sector regulation. For platforms, as for advisers, the dominant is...

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