Half of advisers worry a platform could fail in next three years

Platform financial strength is a growing priority for advisers, according to the latest Scottish Widows Investor Confidence Barometer. In its annual survey, Scottish Widows asked 200 advisers what the top issues were that came up in due diligence checks, which need to be carried out to comply with the Financial Conduct Authority's (FCA) Consumer Duty rules. Service (52%) continued to top the table, with value for money (46%) listed almost as frequently as price (47%). Financial strength (35%) was cited by more than a third of advisers, ahead of other factors like digital functionality...