Platforms in the UK – Digitalisation of processes

NextWealth Insights: Episode 11 Season 4

Platforms in the UK: The advisers view

Consolidation, Planners, Value and Operating Models – key themes for 2023

MPS growing but costs falling, finds new NextWealth report

MPS is growing faster than the platform market and costs for clients are falling. These are two key findings of NextWealth’s latest MPS Proposition Comparison Report, designed to provide insights and trends into how the advice profession is managing client investments.

UK Back-Office Systems and the Future of Financial Advice

According to our most recent research, "Delivering Operational Leverage." The expected shift is expected to change the ratio of planners/advisers to clients from 1:94 to 1:250, as well as the ratio of fee earners to non-fee earners from 1:1 to 4:1. Improved efficiency through streamlined advising processes, improved proposals, and a movement in large financial advice businesses' culture towards revenue development are the main reasons behind this change.