Services provider threesixty is launching a new platform comparison tool, designed to help advisers carry out due diligence.
Developed in conjunction with Capita and The Platforum, the Comparator software can accurately estimate the cost of using a particular platform, including underlying fund charges and advisers' own fees. With details of most of the major platforms, the tool can be used in tandem with threesixty's model portfolio services. Phil Young, commercial director at threesixty, says: "The platform industry has been unable to facilitate an easy, like-for-like comparison of costs and we have worked with Capita to develop an answer to this problem. "We recognise that cost is only one part of the...
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