Platforms & Pensions
The concept of disintermediation and the lower costs associated with fewer people taking a slice of our portfolios was a dream scenario for us customers , but not for the industry
portfolios was a dream scenario for us customers , but not for the industry . It seems that few fund management groups want to compete with their traditional distributors , but Vanguard and fellow US firm Fidelity don ’ t seem to have experienced any negative repercussions from advisers or platforms . What sets these asset managers apart from all our other domestic fund brands is their experience serving investors directly in the US and a strong grasp of technology that ’ s not evident with UK firms .
Blocked off So , let ’ s consider the prediction that blockchain technology will disintermediate platforms and render them obsolete . The facts at this stage suggest that
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