Unusually, my last blog was rather prescient. I had bemoaned structures' lack of availability on platforms and predicted this regrettable impediment to growth was poised to change.
Then - and I'll resist a facetious urge to claim credit for this - Novia announced it was to offer a range of structured products on its platform. Well done Novia! Crowing aside, Novia's move is another straw towards breaking the camel's back. Platforms can simply no longer shrug and say structures are not a priority: indeed, it was heartening to see Novia CEO Bill Vasilieff confirm the platform's decision was in response to "strong demand from advisers". Our recent research unearthed a similar enthusiasm for platform access, but it is always reassuring to hear advisers are as forthrigh...
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