Consolidation boosts adviser platform use

The majority of advisers (85%) gave the advantages of consolidation as their main reason for a projected increase in platform use, closely followed (84%) by gains in business efficiency, according to a survey of 200 financial advisers. Improvements in the quality and usability of platforms were also important factors in their increased use by advisers. Nearly three-quarters (71%) say a better standard of service and improvements in online tools were key to their decision to choose platforms. Peter Jordan, head of proposition marketing at Skandia, says: "Most advisers are already using...