Platform pointers: Five handy due diligence tips

Cathi Harrison fills in the gaps left by the FCA

clock • 3 min read

Para-Sols founder Cathi Harrison kicks off her regular columns for PA with some much-needed platform due diligence insight...

No doubt you have seen the recent FCA review of the platform due diligence undertaken by firms. And no doubt you have also seen the criticism of said review. The scope of the review was very limited; it seems to us that they had stated they were going to do a review, it ended up being extremely late (originally due to start in November 2014) and so something was quickly cobbled together and pushed out there as a way of ticking it off someone's to-do list. We're not the only ones to think this way, and the industry has been quite vocal in their criticism of this review. Mostly be...

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 Wrap/platforms

AJ Bell partners with Woven Advice to streamline platform switching

AJ Bell partners with Woven Advice to streamline platform switching

Woven’s system analyses platform and back-office data

Sahar Nazir
clock 16 September 2025 • 2 min read
Are platform model debates becoming too self-serving?

Are platform model debates becoming too self-serving?

Whoever said platform selection was easy?

Chris Williams
clock 10 September 2025 • 3 min read
FNZ launches adviser-focused AI tool as personalisation demand grows

FNZ launches adviser-focused AI tool as personalisation demand grows

Generative AI solution intended to cut admin time and help advisers meet Consumer Duty standards

Sahar Nazir
clock 19 August 2025 • 2 min read