The Lang Cat
UK financial advisers slam platforms over service levels
Servicing is the ‘biggest driver of choice and the biggest source of frustration’
Advised platform net sales down 49% year-on-year
‘All the same headwinds that faced investors last year remain’
Best Practice | 11 May 23
38% of Brits say lack of trust prevents them from seeking advice
‘Perception gap’ is a ‘big issue’ for the sector
Will the Consumer Duty lead to an increase in advice fees?
Regulation is giving firms an opportunity to re-evaluate their charges
73% of advisers not ready for Consumer Duty implementation
As 8% say they haven’t started working on the regulation