'Broken platform market' exposed by data from the lang cat

Switching 'hard and expensive'

Tom Ellis
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"It takes months not weeks to change platform and, the bigger the firm, the longer it takes" - the lang cat's Terry Huddart
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"It takes months not weeks to change platform and, the bigger the firm, the longer it takes" - the lang cat's Terry Huddart

The stark difference between the Aviva Platform's inflows and the service ratings advisers have afforded it since it completed its re-platforming project is indicative of a "broken" market, according to the lang cat.

The consultant's research into the views of 235 advisers, seen exclusively by Professional Adviser, found Aviva and Transact came in the top two spots for new platform business. They were followed by AJ...

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