UK Platform Transformation Programme
Business models adapted to changing regulation and evolving value chain
Typical older / Pre-RDR Insurance
models
Modern Wealth Manager
•
Customers
Financial Advice
Product driven sales, 'pushed'
through incentive driven
distribution channels
Commission models driving
sales based culture
•
Closed or 'off'-platform
Platform / Wrappers
Solutions
Asset management
Insurance based pensions &
savings products that embedded
investment management
Typically insurers' in-house asset
management
•
Customer driven solutions
•
•
Adviser focus ongoing
relationships
Open architecture wrap-platform
with transparent pricing and
investment choice
Risk based investment solutions
with focus on customer
outcomes
Provide building blocks for
solutions
Quilter
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