Exclusive David Ferguson interview: Platform switching activity to rise in 'redefined' market

Ferguson to run Octopus-owned Seccl

Jenna Brown
clock • 3 min read

David Ferguson, the soon-to-be CEO of Octopus-owned Seccl, predicts the platform sector will be “redefined” in the coming years with fewer, purely-digital players dominating the market.

Speaking to PA after his appointment, revealed on 18 January, the founder and former chief executive of adviser platform Nucleus, predicted big changes on how platforms can support advisers and customers with better integration of systems. He said: "The thing I'm obsessed about is how you can use technology to make financial services much better for customers. That has been the thing I have been trying to do for the last 15 years at Nucleus.  "When this opportunity arose it was just ridiculously exciting. This is a really interesting position with really great technology. The line the...

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 Platforms

Adviser platforms post best quarter of the year for net flows

Adviser platforms post best quarter of the year for net flows

Top five adviser platforms accounted for 129% of annual net flows

Isabel Baxter
clock 27 February 2025 • 2 min read
Nucleus updates platform to support advisers with pension calculations

Nucleus updates platform to support advisers with pension calculations

Aims to help advisers keep up to date with complex changes

Isabel Baxter
clock 14 February 2025 • 2 min read
Half of advisers worry a platform could fail in next three years

Half of advisers worry a platform could fail in next three years

Seek for reassurance about the platform market

Isabel Baxter
clock 06 December 2024 • 2 min read