Why the self proclaimed platform giant is mocking you

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I'll start and end with the recent news that Skandia has performed a spectacular u-turn and is no longer planning to offer re-registration away from its platform.

Is this how it is going to be? Proclaim yourself as the leader in driving re-registration, drop prices, drive a huge increase in volumes and then lock everyone in? I don't think I have ever seen a more spectacular (and arguably cynical) turnaround and I urge IFAs to vote with their feet (and their clients' portfolios). The self-proclaimed platform giant is mocking you and if the FSA and the self-elected UK Platform Group don't step in now I don't know when they will. While our Southampton-based legacy competitors have been concocting their latest marketing tactics we've been busy getting ...

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