// Fundscape
09 Mar 2015 Pensions push platforms to record highs in 2014
Geopolitical clouds gathered for the fund industry in the second half of the year, but platforms weathered the storm thanks in particular to robust pension product flows. As a result, platform flows rose to record highs in the fourth quarter, with gross sales totalling £22bn and net sales coming in at just over £12bn.
According to the Fundscape Platform Report, it was a remarkable year for the industry. Platform assets rose by £50bn to reach £343.7bn at the end of the year, a growth rate of 17% that overshadowed the FTSE 100’s -2.7% for the same period. Pension freedom and the ongoing demand for income were the two main factors that drove flows and worked in the industry’s favour. Gross sales for the year rose by 21% to £82bn from £68bn in 2013, while net sales were up by 16% to £42bn from £36bn in 2013.
25 Feb 2015 A nova face da industria de fundos do Reino Unido (in Portuguese)
Dois anos após a implementação da RDR no país, a indústria vai de vento em popa. Estudo da FundScape.
23 Feb 2015 The UK fund business becomes Europe’s biggest
The UK's funds industry stands is now the largest in Europe and is set to grow by 13% a year over the next four years.
12 Nov 2014 Isas boost Q3 platform activity: Fundscape
The increased Isa allowance announced in this year’s Budget boosted transactions made through platforms in Q3.
10 Nov 2014 The Platform AUA jumps by almost £10bn in Q3
Platforms saw the rate of assets under administration (AUA) growth jump by almost a fifth in the third quarter of 2014.
12 Nov 2013 Wrap new business doubles supermarkets for first time
With wrap net sales accounting for 30.6% of total net sales compared to fund platforms making only 14.8% of total sales.
13 Nov 2012 Legal & General closes in on Cofunds acquisition
Legal & General is set to acquire Cofunds following months of negotiation between the businesses.
09 Nov 2012 Threadneedle tops sales list for third quarter
Threadneedle tops sales list for third quarter.
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