AT8's Mark Loosmore finds how Capita's Synaptic Comparator tool could become a reference point for advisers when comparing platforms
Over the past few years, platforms and fund supermarkets have become a key part of the infrastructure for many IFAs. However, as platforms have developed and their roles and influence widened, increasing concern has been raised about whether the use of platforms is as transparent as it should be, and whether it is right to adopt ‘a one solution fits all’ approach. The FSA set out its thinking and ‘direction of steer’ for the use and regulation of platforms in Discussion Paper 10/2. Advisers who have chosen to use one or more platform may have to revisit whether or not their due diligence...
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