November 2014
An examination by the lang cat of the challenges faced by advisers and their clients in nailing Total Cost of Ownership (TCO) in the advised platform market.
We hope you find it useful. ‘Let us know‘ what you think.
The UK’s best insight into the advice profession, including business and sentiment data and a role-specific look at advice.
Financial planning needs new blood. Yet as a career, that prospect appeals to very few young people today.
Back for a third year, this report from Parmenion alongside our independent research uncovers the harsh reality of platform service.
We provided the research for a report, in conjunction with Parmenion, which reveals how far short of expectations many adviser platforms are falling. The research found that over the last 12 months, 88% of advisers needed to apologise to at least one of their clients on behalf of a platform, and that poor service delivery from platforms impacts 91% of advisers every day.
We provided the research for a report, in conjunction with Parmenion, which reveals how far short of expectations many adviser platforms are falling. The research found that over the last 12 months, 88% of advisers needed to apologise to at least one of their clients on behalf of a platform, and that poor service delivery from platforms impacts 91% of advisers every day.
Service means a lot of things to a lot of different people. It’s so subjective it can be hard to put your finger on. This paper aims to challenge the status quo and inertia that’s built up in the sector for many years.
