The growth of the supermarket platform provides brokers with an opportunity to do more than sell financial products
The past 12 months have seen frenetic activity in the discount sector concerning the role of supermarket platforms and, indeed, the future of retail investment in general. In my view, what we are seeing is the opportunity for geared-up intermediaries to handle volume business and play a far more pivotal role than merely distributing investment funds. Over recent years, the meteoric growth of several key investment houses, in terms of retail success, has been underlined by, an inability to cope with the administration in many cases. Workloads can often be increased dramatically by the dema...
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