David Simpson: Covid-19 operational challenges were provider 'wake-up' call

Pandemic wake-up call

clock • 3 min read
David Simpson: "The speed of the pandemic forced many providers to seek tactical solutions to ‘keep the lights on'."
Image:

David Simpson: "The speed of the pandemic forced many providers to seek tactical solutions to ‘keep the lights on'."

Covid-19 has had a dramatic impact on businesses across the world and the UK wealth management industry is no exception. David Simpson looks at how investment platforms have coped with the operational challenges of the pandemic and the positive long-term changes it may bring about

In the past, some wealth management platforms have been berated for being slow to implement change in line with adviser demand, putting off many of the improvements users called for because they we...

To continue reading this article...

Join Professional Adviser

 

  • 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

One Four Nine buys Aberdeen-based Chartered IFA

One Four Nine buys Aberdeen-based IFA

Total £800m AUM

clock 10 August 2022 • 1 min read
Aviva platform flows sink by 9% in H1 2022

Aviva platform flows sink by 9% in H1 2022

‘Market volatility’

clock 10 August 2022 • 2 min read
Image: Michael Stowe, wealth manager at Lowes FM

Lowes Financial Management adds wealth manager

Ongoing expansion

clock 08 August 2022 • 1 min read