Platforms: cost top priority for advisers

clock

More than a quarter of advisers cite cost as the most important consideration for platform implementation, according to research.

A survey of 1,245 advisers by CoreData found 26.4% thought platform and fund manager costs were the industry's most pressing issue, ahead of products, range of tools and services, brand, ownership structure, ability to white label and other potential influences. In terms of adviser satisfaction with their main platform, the study found that a combination of service (23.0%), functionality (20.0%) and support (19.7%) account for about two thirds of adviser satisfaction with the platforms they use. Reporting capability, which has little influence on adviser satisfaction with their main p...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Wrap/platforms

Clive Waller on platforms sector change and a new sponsor for the Vanguard UK Platform Awards

Clive Waller on platforms sector change and a new sponsor for the Vanguard UK Platform Awards

The Vanguard UK Platform Awards in association with The Platforms Association

Clive Waller
clock 04 March 2026 • 2 min read
Vanguard to sponsor UK Platform Awards

Vanguard to sponsor UK Platform Awards

Professional Adviser continues as media partner

Professional Adviser
clock 04 March 2026 • 1 min read
Perspectives on platforms and progress – past, present and future

Perspectives on platforms and progress – past, present and future

'Platform providers need as much input as they can get if they want to stay ahead of the curve'

Steve Andrews
clock 19 February 2026 • 4 min read