Cofunds was the biggest UK platform at the end of 2016. Investor confidence bounced up towards the end of 2016.
Money held in stocks and shares Isas “left the system” in 2016 as investors chose pension over investment funds & platforms
Net sales across UK platforms have fallen 10% from the previous quarter to £8.6 billion, according to Fundscape Report.
Net platform sales fell to their lowest levels since RDR as UK's uncertain outlook "made investors extremely cautious".
The comparetheplatform site officially launched this week giving consumers the chance to check out the DIY investing sites.
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