Wealth management technology firm JHC Systems has hit out at providers wanting to delay the launch of the government's Lifetime ISA, saying they should not be using functionality "as an excuse".
JHC Systems, which owns the FIGARO system for wealth managers, said providers were hiding behind a perceived lack of clarity on LISA functionality when they should start working on their back office systems...
Feasibility study due
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Backed by Schroders, LGIM and the IA
New system for funds without without three-year track record