Re-platforming under the microscope in punchy PA360 platform debate

'IFAs bore the brunt'

Tom Ellis
clock • 2 min read

Re-platforming was, almost inevitably, the hot topic during a punchy platform panel debate at Professional Adviser's flagship PA360 conference on Thursday morning.

Panellists David Ferguson and David Tiller both pointed out the follies of changing platform technology, with the latter saying re-platforming was a result of the "structure and architecture" of platform business models being wrong. "Even if you upgrade the underlying technology, the architecture still can't do the things you need the platform to do," said Tiller, who is head of UK propositions at Standard Life Aberdeen.  "If you don't have a platform that has a future view, can articulate it and actually has a strategy, you can be pretty sure it is going to run into trouble at some p...

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

Mixed year for platforms as Budget fuelled investor uncertainty

Mixed year for platforms as Budget fuelled investor uncertainty

Advised platform assets totalled £697bn in 2024

Jenna Brown
clock 30 January 2025 • 2 min read
Quilter tops table as most recommended adviser platform in 2024

Quilter tops table as most recommended adviser platform in 2024

Last year's top ten recommended adviser platforms

Jenna Brown
clock 22 January 2025 • 1 min read
Quilter platform delivers record quarterly net inflows of nearly £2bn

Quilter platform delivers record quarterly net inflows of nearly £2bn

Fourth quarter results from Quilter

Jenna Brown
clock 22 January 2025 • 1 min read