// Platform industry

14 Aug 2017 Platforms go from strength to strength

Q217 Fundscape Platform Press Release

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Momentum continued to build in the platform industry during the second quarter as pension freedom and ISA business drove investment. Market growth was neutral in the second quarter, but assets under administration rose by £19bn (4%) to £539bn, while gross and net sales again climbed to new highs of £34bn and £14.4bn respectively.

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07 Mar 2014 Year ends on a high for UK platform industry

Despite the pessimism that had permeated the industry before RDR was introduced, 2013 turned out to be an extraordinary year for platforms thanks to the convergence of steadily improving markets, a marked upturn in investor sentiment and the introduction of RDR. The net effect was that platform assets grew by £98bn in 2013, rising from £196bn at the end of 2012 to £294bn in 2013 — a growth rate of 50%.    

To view the rest of this release, click here.

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