Fidelity to develop shared corporate/retail platform

Katrina Lloyd
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Fidelity plans to gradually develop a more holistic proposition uniting the retail and corporate parts of its platforms.

Gary Shaughnessy, Fidelity MD of UK DC and retail, says the move would be helpful to the growing number of advisers with client assets spanning both sides of the business. He says: "The RDR puts the adviser firmly on the same side of the table as the client. In terms of charging by fees, they can look after clients who have as much in client occupational schemes as retail money. The growth of the DC market is rapid and people like ourselves are growing their DC share. "But the question for us is ‘how can the platform support both these area?' This is especially relevant when you look ...

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