'Major pricing shifts' to come in platform market - the lang cat

Sophie King
clock • 2 min read

The lang cat has predicted some major pricing shifts in the platform market and suspects the sector could break apart as it reaches an "inflection point".

In its latest advised platform guide The Value myth: State of the Platform Nation, published Friday (20 December), the financial services consultancy predicted "major pricing shifts" in the platform market. The consultancy firm also predicted the platform market could "break apart" and expects a big drive to rebuild propositions and damaged reputations. The lang cat founder Mark Polson said there will be some "major price movement" in 2020. "We reckon 0.15% is going to be widely achievable in 2020/21 - however advisers will have to be willing to move assets to get it - and there's abs...

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