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"It should be perfectly possible to create a streamlined advice process that satisfies regulatory requirements, controls risk for businesses, is understandable for clients and cost-effective for everyone involved.”
In a bid to stir up the platform market and encourage advisers to move clients between providers, the lang cat has released a report on platform switching.
The consultancy, which has previously argued the platform market is "broken" because switching is so difficult, said the sector needed to find a way "to increase the velocity of money moving around"...
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