Standard Life: Platforms entering new era of specialisation

The trend is part of a progression from fund supermarkets to wraps to more specialist services, he said. "Until recently most platforms aimed to offer a wide range of services to a broad client base, but this is no longer a viable business strategy," Tiller said. "Platforms will be increasingly aimed at the retirement market, workplace pensions or D2C and this positioning is happening now."   Pension freedoms have spurred the change, he said, as retirement becomes an "increasingly complicated market".   "We are looking to use a platform investment hub to manage multiple portfoli...