Skandia launches platform due diligence guide for advisers

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Skandia has launched a guide to help advisers simplify due diligence when choosing a platform provider.

Advisers can compare up to three platforms using questions based on the FSA's recommendations for platform due diligence. The free guide is available from Skandia's network of business consultants. FSA guidelines say advisers must consider the suitability of both the platform and of a particular investment. In its factsheet, Platforms: using fund supermarkets and wraps, the FSA says developments in the market require ongoing reviews to make sure a platform provider chosen initially remains the most appropriate option going forward. The structure of Skandia's guide supports FSA a...

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