Single platform use should not threaten independence - advisers

Research undertaken via NMG's Financial Adviser Census in October found that 49% of 215 IFAs asked said they do not accept that the use of a single platform threatens independence. A further 39% expressed a similar view over the use of a single investment proposition. The regulator said in July that it had found evidence of firms describing themselves as IFAs which were either placing "almost all" business with one platform or had a pre-determined list of products or investments. The FCA has previously expressed the view that it is possible, though unlikely, for firms to use a sing...