Two IFAs - one who uses a single platform and one who uses several - explain why they support their chosen method, and how this week's platform paper will do little to change it.
The Financial Services Authority (FSA) seemed to use Monday's platform policy statement to warn IFAs off using a single platform, stating it would be "concerned" if the practise became widespread. Tony Shah, Christchurch Investment Management Tony uses a range of platforms, and has some concerns of his own about whether single platform use is best for clients and good for an IFA's business. Client ownership "I would be uncomfortable using just one platform. Remember clients belong to the platform. Putting all of my clients with one provider would make me feel uneasy." Due dilig...
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