Advisers urged to review platform selection to meet client needs

After FCA thematic review highlighted importance of regularly reviewing

Isabel Baxter
clock • 1 min read

Advice firms should consider the different needs of clients in accumulation and retirement as part of their platform selection reviews, according to Copia.

In its Rethinking Retirement: Changing Gear report in conjunction with The Lang Cat, it asked whether firms consider changing platforms as the client transitions from accumulation to retirement, 43% of respondents stated "no". For the rest, it depends on the needs of each client, however, the research found that most firms are selecting platforms at outset that will meet the client needs now and in the future. One respondent said: "Consider, yes. In practice, most are already where they should be in preparation." "It depends where the clients are already - if we have already given ...

To continue reading this article...

Join Professional Adviser for free

  • 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 Your profession

'Don't think of consolidation as the end of independent advice. It isn't'

'Don't think of consolidation as the end of independent advice. It isn't'

Continuity before everything else

Tom Rowe-Jones
clock 02 September 2026 • 5 min read
SENDA calls on profession to share how it supports families with disabilities

SENDA calls on profession to share how it supports families with disabilities

Part of white paper launching in November

Isabel Baxter
clock 02 September 2026 • 2 min read
Plannex memberships boosted by 'out of the blue' Reddit influx

Plannex memberships boosted by 'out of the blue' Reddit influx

Without spending a penny on the social media platform

Isabel Baxter
clock 01 September 2026 • 5 min read