Analysis by the Lang Cat for Zurich has found investment platforms were struggling to get to grips with delivering income in retirement.

Nucleus, the adviser-built wrap platform, has partnered with consultant and former FCA technical specialist Rory Percival to launch a white paper on the rules and regulations around suitability specifically aimed at financial advisers.

Platform exit fees could be axed by the Financial Conduct Authority to improve competition and make it easier for investors to switch platform.

Aviva’s 2018 preliminary results have revealed a fall of 37% in net platform inflows, following disruption from its migration to FNZ technology.