Terry Huddart: When regulation ate its young

clock • 4 min read

Terry Huddart calls on platforms not to let regulation stand in the way of creativity - not least as his company would hate not to give its 'Best for innovation award' two years in a row

2017 is undoubtedly proving to be a year where innovation is being prevented as a result of regulation - perhaps more so than any other year before it. Indeed, I would paraphrase the view of some of my fellow travellers in the platform sector as "We cannot deliver any of the things we want to because we are mired in regulation" or perhaps "Please give us some breathing space". Now, a cohort of platforms are of course more bullish, and - don't get me wrong - there is still a general trickle of interesting new stuff coming through.  Overall, however, there is less new functionality comi...

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 Wrap/platforms

Aberdeen's Kenny: 'We are not just going to switch Elevate off'

Aberdeen's Kenny: 'We are not just going to switch Elevate off'

Admits adviser communication on Elevate has been lacking

Jenna Brown
clock 10 June 2025 • 4 min read
Schroders UK Platform Awards 2025: Entry closing date fast approaching!

Schroders UK Platform Awards 2025: Entry closing date fast approaching!

Shortlists will be published in early July

Professional Adviser
clock 05 June 2025 • 1 min read
Parmenion group operating profit rises to £17.5m in 2024

Parmenion group operating profit rises to £17.5m in 2024

Platform’s flows doubled during the 12 months to 31 December

Jenna Brown
clock 03 June 2025 • 2 min read