NextWealth

Average total costs only falling 4 bps, NextWealth finds

Experiencing time and resource constraints more than larger peers

Will take away the ‘boring stuff’

More consolidation of consolidators predicted

Growing share of advisers charging between 91 and 100bps

Advisers increasingly favour branded and customised platform models

Advice gap to increase by end of year

‘The MPS sector is thriving but crowded’

Advisers expect offboarding to increase in next 12 months

Majority say that it has not changed in the past 12 months