Advisers continue shift away from multiple platform use

Research finds 58% of advisers use two or three platforms

Jenna Brown
clock • 3 min read

More than half of advisers (59%) want to cut the number of platforms they use, according to research from Aviva.

The provider's research found that no advisers it spoke with were using more than five platforms, with most (70%) using two or three. Research from three years ago found 11% used more than five and 58% used two or three. Two-thirds (65%) of advisers told Aviva their firm had several platforms available and they could choose which one they used. Some 64% said they used one main platform. Aviva said these figures were in line with its 2020 research where the corresponding figures were 64% and 61%. It commented that these figures indicated that using fewer platforms was down to the pe...

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