Adviser research overlooks re-registration option

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Only 3% of advisers look for a re-registration option when researching wrap platforms, according to figures from Capita Financial Software.

The figures are based on 9,000 pieces of research conducted by advisers across 21 wrap platforms from 1 May last year to 30 April this year. On an individual wrapper basis, the greatest requirement for re-registration was in the case of ISA stocks and shares where 20% of all research included the option to allow inbound re-registration and 8% to include outbound re-registration. The second most popular area for re-registration was unit trusts, with 13.50% and 9.69% respectively. Capita Financial Software head of research Ellen Ashcroft said: "It's clear that ISA S&S and unit trusts...

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