The number of advisers using multiple platforms is on the rise. Henry Brennan finds out what's behind the shift away from relying on a single investment platform…
Advisers who choose to stick with a single investment platform seem to be a dying breed, according to Aviva's latest barometer survey. The insurer found the number of advisers using a single platform dropped from 25% in March to just 14% in September this year. This is in contrast to a significant increase in advisers choose to use three or more. In March, 16% were actively using three platforms but by September, it had risen to 25%. Similar trends are evident in the number of advisers using four or more. But what's driving the shift to varied platform use: are advisers worried about...
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