When asked to identify the most important factors for selecting an investment platform in Investment Adviser’s annual platform survey last year, the top two responses from advisers were financial strength and transparency.
The majority of respondents, some 80 per cent, agreed or strongly agreed the platform industry needs to be more transparent in declaring relationships with asset managers and product providers, while the same percentage called for more transparency on the underlying services the platform provides.
Another 60 per cent of advisers surveyed wanted more clarity on costs and fees.
Will transparency prove as important to the adviser community this year? How has platform usage changed over the past 12 months?
We are inviting adviser to take part in this year’s annual platform survey to contribute to our platforms special report due to be published later this year.
We want your honest views on the industry – one lucky adviser who enters into our prize draw will win £20 worth of retail vouchers.
Last year, 40 per cent of respondents suggested platform technology was not keeping pace with their requirements.
Has the situation changed at all or are platforms behind the technological curve?
The Investment Adviser Special Report on Platforms, including the results of the survey, will be published in the fourth quarter of this year.
Click here to take the survey.
