Where do you stand on the great platform debate?

clock

Will Roberts examines the main points of contention and asks if platforms will have enough time to adapt to the new rules before the RDR deadline at the end of 2012?

As the IFA industry hurtles towards the 2013 finishing line, the RDR promised land comes into ever-sharper focus. But the platform community – a major feature of this brave new world – is less well defined, hiding behind a mist of regulatory uncertainty. It is hard to overstate the importance of platforms. Not only are they intrinsically bound with the RDR, spearheading the regulator’s relentless drive to a transparent market, but they are now an essential component of an adviser’s business. Indeed, it is difficult to see how an IFA firm could function effectively without one. “I cann...

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

Will IFA-owned platforms take over the financial advice sector?

Will IFA-owned platforms take over the financial advice sector?

PA talks to industry experts on the future of adviser-owned platforms

Sahar Nazir
clock 27 March 2024 • 9 min read
CGT support from platforms now 'adviser must have'

CGT support from platforms now 'adviser must have'

Shrinking personal allowances dragging more investors into CGT net

Jenna Brown
clock 27 March 2024 • 2 min read
Aviva named the preferred platform provider by advisers

Aviva named the preferred platform provider by advisers

Quilter remains in second place followed by AJ Bell and Transact

Isabel Baxter
clock 04 March 2024 • 1 min read