Selecting a Platform

You may want to consider the list below as part of this process:

Terms & Conditions –

• do they fit with your business and client proposition?

Charges – 

• how much does the service cost and is it cost effective for your clients?

Range of funds – 

• does the platform provide you with the full range of funds to offer best advice?

Range of asset classes –

•  does it give you a wide enough range of asset classes to meet your clients needs?
• Does it offer ETFs and shares for example

Accessibility – 

• is the platform available 24 hours a day, 7 days a week? Can you access it online?
• Can your clients access the platform?

Compliance requirements – 

• do you have the information you need?
• Is there an easily accessible audit trail of each transaction?
• What reports are available?

Business risk –

• how does the platform ensure you and your clients are not exposed to additional risk?

Client risk – 

• is a platform right for you and your client segments?
• Could you meet their needs in other ways?

Conflict of interest – 

• is the fund choice unrestricted and not biased towards a Provider?