Revealed: Advisers' favourite platforms for accumulation and retirement

NextWealth and Richard Parkin Consulting research

Tom Ellis
clock • 1 min read

Old Mutual Wealth and Standard Life Wrap have emerged as among advisers' preferred platforms for accumulation and retirement, according to a joint research project by NextWealth and Richard Parkin Consulting.

Following a survey of 267 advisers, a series of in-depth interviews and an analysis of data from platforms, the two businesses concluded Old Mutual Wealth, Standard Life Wrap and Aviva were financial advisers' preferred platforms for retirement.  As the following table shows, however, Old Mutual Wealth, Aviva and FundsNetwork, came up trumps when judged on accumulation alone. Source: NextWealth/Richard Parkin Consulting  Although, at first sight, it appeared the above platforms generally received similar recognition for retirement and accumulation, NextWealth found one-quarter (23%...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Wrap/platforms

M&G sues Royal London for £27m over client access to 'inappropriately risky investments'- reports

M&G sues Royal London for £27m over client access to 'inappropriately risky investments'- reports

Over Ascentric purchase

Linus Uhlig
clock 23 December 2024 • 2 min read
How adviser platforms bridge Consumer Duty and vulnerable client care

How adviser platforms bridge Consumer Duty and vulnerable client care

'For vulnerable clients, the concept of value for money takes on heightened importance'

Darren Winfield
clock 16 December 2024 • 5 min read
Platform due diligence: A comprehensive approach

Platform due diligence: A comprehensive approach

Due diligence is more than best practice it is ‘fundamental'

Stephen Ford
clock 18 November 2024 • 4 min read