How PROD impacts adviser firms' platform selections

'You need to take PROD seriously'

clock • 8 min read
How PROD impacts adviser platform selection
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How PROD impacts adviser platform selection

Since a 2018 regulatory change demanding advisers ensure specific products are correct for specific clients, PROD has been at the heart of adviser firm platform selection. But it isn’t the only factor advisers pay attention to when selecting their chosen platform(s), and some believe the regulation scarcely worth considering for smaller IFA businesses...

Platforms have played a role in financial advice firms since fund supermarkets arrived on the scene more than two decades ago. Historically, advisers may have chosen a platform for a variety of personal...

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