Written by New Model Adviser
Change is an unavoidable fact of life for a financial adviser. For many years, investment wrap platforms were a major cause of change, but they are now an established part of the value chain, and platform change has subtler implications for advisers.
In a sector with so much complexity, to what extent is RegTech solving the real compliance issues facing financial services?
Half of the companies in the first wave of the Financial Conduct Authority's advice unit have either launched a low-cost advice service or will be doing so imminently.
Over the last ten years it has become increasingly possible to turn bright technology ideas into smooth, working, scalable solutions, writes founding director of Altus, Kevin Okell.