Almost half of advisers have still not chosen a platform to service their clients, according to a survey by Institute of Financial Planning sponsor firm Zurich.

Zurich is set to launch its own platform service in the near furture.

The Zurich survey, which polled over 800 advisers, found 40 per cent of advisers had not signed up to a platform yet while 16 per cent did not intend to sign up to one at all.

The main reason given for failing to sign up to a platform was advisers were too busy either keeping their businesses afloat or preparing for RDR.

One in five said they needed help choosing the right platform to suit their business model.

Some 47 per cent of people said they only intend to use one platform but the Financial Services Authority suggests advisers use more than one to ensure suitable advice for all their different client segments.

Some 30 per cent said they intended to use two platforms while 18 per cent say they will use three.

Adrian Nash, head of wealth propositions at Zurich, said: “A good platform should be able to fit all business models and a good platform provider should be able to help the adviser segment their client base to make best use of their platform.

“RDR is clearly a big focus for many advisers, but plaforms are an important part of making RDR implementation a success and platform providers should be providing support for advisers with this.”