Most advisers using more than one platform - Defaqto

A survey conducted by Defaqto in March and April polling 211 IFAs revealed 33% use two platforms, 15% use three and 6% use four platforms. However, 44% used just one platform, whilst 2% do not use them at all. "Regulators are keen on segmentation of clients and matching products and services for them appropriately," says Defaqto insight analyst for funds Fraser Donaldson. "It seems that advisers are already on the road to achieving this as our study shows that many advisers are using more than one platform." Donaldson thinks the tendency for multiple platform use could be driven in pa...