Most advice firms only 'somewhat satisfied' with platforms' data

The Data Openness Report 2026, surveying 201 financial advisers, also found that for pension providers, the figure was 54%. Report author and NextWealth associate research director Chanelle Paynter said that these findings show "the data being tolerated, not celebrated". Granular transaction data, firm-level management information (MI), and consistent formatting remain the most prominent gaps in data delivery by platforms and pension providers, the data found, similar to the 2025 findings. Financial advice firms are now turning to third-party aggregators to bridge the gap on the da...