New research has revealed that the majority
of
investment and pension business is placed through
platforms.
Fraser Donaldson, insight analyst for funds at Defaqto, explained
that platforms are becoming the dominant vehicle for
investment and
pension business for advisers.
It is therefore no surprise to see the high percentage of this
business being placed through platforms in the last year.
We expect the usage of platforms to increase steadily over
the next two years as advisers consider how to implement
Retail Distribution Review policy by the end of 2012, Mr
Donaldson added.
This follows claims made recently by Defaqto that 19 per cent of
IFAs choose to outsource their
investment process to a discretionary manager.
Further to this, the firm found that more than 70 per cent of these
discretionary managers specifically mentioned the potential use of
alternative strategies.
