Five tips from a Chartered firm to help with bulk platform transfers

'Don't overcomplicate the advice'

Tom Ellis
clock
"We disclose the things that are changing, along with all the regulatory information, and ask clients to approve that" - Lift Financial
Image:

"We disclose the things that are changing, along with all the regulatory information, and ask clients to approve that" - Lift Financial

Lift Financial has undertaken several bulk platform transfer exercises so here the Chartered financial planning firm offers five key takeaways it has learned from its previous efforts.

In a bid to encourage more advisers to move clients between providers, the lang cat earlier this week released a report on platform switching alongside AJ Bell. The lang cat surveyed 95 adviser ...

To continue reading this article...

Join Professional Adviser

 

  • Unlimited access to real-time news, industry insights and market intelligence.
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters.
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection.
  • Members-only access to the editor’s weekly Friday commentary
  • 
 Be the first to hear about our events and awards programmes.

Join

 

Already a Professional Adviser member?

Login

More on Regulation

Kwasi Kwarteng. Image: Andrew Parsons/Number 10

Mini Budget 22: Government to 'scrap' Solvency II to boost investment

Chancellor says replacing EU law with rules ‘tailor made for the UK’ will free up billions

Jonathan Stapleton
clock 23 September 2022 • 1 min read
FOS complaints figures near 73,000 in first half of 2022

FOS complaints figures near 73,000 in first half of 2022

Half-year complaints data showed uphold rate of 37% in consumers’ favour

Jenna Brown
clock 22 September 2022 • 1 min read
Why the Consumer Duty points to the emotional value of financial advice

Why Consumer Duty points to the emotional value of advice

'The emotional value of advice may be imperative and transformational'

Louis Williams
clock 21 September 2022 • 5 min read