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17 Sep 60 second reviews for second quarter
Posted at 11:13h
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Download the fund industry review here and the platform industry review here - — all the key trends and indicators on one easy-to-read page.
08 Aug Record platform sales in the second quarter
Posted at 10:15h
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The second quarter kicked off with a bang. Stock markets were on the rise and one ISA season was coming to its feverish close while another was just beginning. The UK’s ongoing economic recovery, shock budget announcements and the lead up to the world cup also provided that all-important feel-good factor that helps to drive investment.
Total platform assets under administration rose by £14bn to £317.3bn, a rise of 5% on the previous quarter, while new records were set for sales. Gross sales for the first three months of the year totalled £21.2bn, up 19% on like-for-like sales in 2013, and net sales rose by 21% to £11.0bn.
To download the full press release click here.