12 May From boom to bust for platforms in Q122
Posted at 08:18h
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This time last year we thought we had the worst behind us and were on...
Archive
04 May The Morning Briefing: Boutique firm denies Woodford ties and FOS staffing costs
Posted at 13:36h
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03 May The Direct Market Dips in Q1 2022
Posted at 15:14h
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Rampant inflation, fuel price increases, national insurance hikes and the cost-of-living crisis took an inevitable toll on investor sentiment and market prices – and that was before Russia invaded Ukraine. As a result, the FTSE All World was down 6% for the quarter, sending direct assets below £300bn once again (to £297bn).
11 Nov Lack of petrol & people drag on platforms in Q3 (plus projections to 2026)
Posted at 15:39h
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After the heady growth and the robust ISA season of the first half of the year, the third quarter of the year was decidedly pedestrian. Stock markets flatlined as oil and labour shortages dragged on economies and depressed consumer sentiment. Despite this, UK platform assets rose by 2.7% to £891.5bn, while gross and net sales dropped back slightly on the previous quarter to £37.8bn and £13.7bn respectively.
12 Aug An Olympic 2nd quarter for the platform industry
Posted at 11:01h
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The UK platform industry followed up a great first quarter of 2021 with a second one of Olympic-style proportions and yet another clutch of records. With restrictions easing and consumers spending more, a robust recovery was to be expected. Markets didn’t disappoint — the FTSE All Share rose by 5% in the three months to June, while platform industry assets grew by 6.5% to £865.8bn.
25 May Direct Matters Q121 press release
Posted at 18:01h
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Fundscape published the third issue of its quarterly Direct Matters report today. The Direct Matters...
29 Oct Platform sales plummet in third quarter – Q320 press release
Posted at 12:04h
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It was a tough quarter for the UK platform industry. Assets rose by just 2.5% to £730.2bn and sales slowed to little more than a trickle.
To download the full press release click here.
13 Aug Platforms return to form (dead cat bounce or road to recovery?) Q220 press release
Posted at 10:19h
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The FTSE All Share index is down 19% for the year to date, but the broader MSCI World rebounded and is down just 6%. The platform industry followed its cue, assets jumping by 14% this quarter and recovering most of the ground lost in Q1.
To download the full press release click here.
17 Feb Interactive Investor’s takeover of The Share Centre
Posted at 09:00h
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Interactive Investor's determination to take the DIY investing fight to the UK's leading platform Hargreaves...
06 Feb Mary McDougall: The platform functions you need to work
Posted at 09:00h
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Selecting a platform on which to hold your investments is a tricky process because there...
13 Dec Hargreaves sees assets boom as Cofunds only platform to slide
Posted at 09:11h
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Hargreaves Lansdown has seen an 18 per cent increase in assets in the year to...
20 Sep Tilney and Smith & Williamson merger
Posted at 09:57h
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Tilney’s merger with Smith Williamson has been labelled a “game-changing tie-up” which will enable it...