Transact is top but jury out on Skandia / Selestia - IFAs

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Transact has the best UK platform proposition but the jury is still out on the newly merged Skandia/Selestia offering, according to a new adviser survey.

The CWC Research and BNP Paribas survey of 75 adviser firms with over £1bn turnover shows Transact is the overall highest rated platform, ahead of competitors Standard Life and Cofunds. Clive Waller, CWC Research senior partner, says the adviser-owned Nucleus proposition is also achieving very high ratings, albeit on a small sample, while the “jury is out” on Skandia/Selestia (Selestia Investment Solutions). Transact topped four of the six categories - rating highest in admin capability, scope, the re-registration process and access to staff. Standard Life was voted best in the other are...

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