Tim Sargisson: Is your platform choice fit for purpose?

Two sides of the coin

clock • 3 min read

Platforms increasingly want to take on the role of guiding advisers toward a smaller number of funds and that, says Tim Sargisson, will clearly represent a challenge for whole-of-market practitioners

My previous blog highlighted the Financial Conduct Authority's (FCA) concerns about platforms. "We will conduct a market study to explore how ‘direct to consumer' and intermediated investment platforms compete to win new and retain existing customers" - this was the pull-out headline from the regulator's Business Plan 2017/18. First of all what do we mean when we use the expression ‘platform?' The CII J11 Study text sums it all up quite nicely in one paragraph: "Platforms are a well-established feature of the financial planning landscape and are a core part of many advisory propositio...

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

Feel Good Friday: CII and PFS host annual apprenticeship awards

Feel Good Friday: CII and PFS host annual apprenticeship awards

Part of next gen development push and ‘upholding professionalism’

Professional Adviser
clock 24 October 2025 • 1 min read
FCA to deliver 'fewer and faster' enforcement outcomes this year

FCA to deliver 'fewer and faster' enforcement outcomes this year

Therese Chambers says the watchdog is prosecuting more people than ever before

Sahar Nazir
clock 23 October 2025 • 2 min read
Autumn Budget 2025: Majority of Brits concerned about rumoured pension tax-free tax changes

Autumn Budget 2025: Majority of Brits concerned about rumoured pension tax-free tax changes

The updates advisers need in the run up to the Autumn Budget 2025 on 26 November

Professional Adviser
clock 23 October 2025 • 1 min read