Advisers could be forgiven for being suspicious of the help offered by platforms and providers when it comes to legacy asset migration. But, as Jenna Towler finds out, it might be time to ditch the scepticism...
Managing legacy assets is a key consideration for advice firms ahead of the upcoming legacy platform trail commission switch off, otherwise known as the sunset clause. Advice firms are also contemplating migrating legacy assets to consolidate disparate, and often unmonitored, legacy products to reduce risk. But asset migration is a big project for most advice firms to take on. Coming up with a migration plan can look like a daunting task. So where do advisers go for help? Platforms themselves might not be the initial thought for many but they are ready, willing and able to hel...
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