Novia CEO Bill Vasilieff says fund supermarkets face a race against time to update their technology and get in shape for RDR.
Watch Bill talking about platform profitability concerns and how different platforms are setting themselves apart in the run-up to RDR.
He was speaking after insurance giant Aegon announced it is linking up with Novia to launch two platform propositions focusing on the at retirement and workplace savings markets.
Taking the time to look
After 14-month FAS programme
More than half of people over the age of 55 see financial security as a top priority in retirement, yet a third allocate more time to buying a new car, research from Legal & General (L&G) has found.
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