Platform industry Archives - Page 3 of 4

08 Feb The platform industry breaks all records in 2021

Posted at 15:39h in

We’re unable to publish individual platform data until the last publicly listed platform has reported its results on 9th March 2022. As a result, here is the first of two press releases for Q421/2021 platform data1. This press release reviews the significant growth in assets and flows at a market level in 2021.

08 Feb Platforms report record-breaking 2021 as assets reach £933bn

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12 Aug An Olympic 2nd quarter for the platform industry

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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.

10 Mar The year ends on a high for the platform industry

Posted at 09:30h in

After a year unlike any other in recent history, the fourth quarter was home to an unexpected and welcome upturn in fortunes and the first shoots of optimism for 2021 for the platform industry. Stock markets surged in November with the FTSE All Share index rising by 12.4% in the month, on the back of Covid19 vaccine approvals and Joe Biden winning the US presidential elections. This resulted in industry assets expanding by 7.6% in the fourth quarter to £785bn. To provide some context, annual growth was just £65bn, or 9%.

12 Feb Platform industry net sales figure ‘worst since 2013’

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The platform industry saw net sales of £29.7bn in 2019 – the “worst” net sales...

12 Feb Platform net sales drop as worst results since 2013 revealed

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Platform net sales for last year amounted to only £29.7bn, as 2019 marked the worst...

14 May Platform sales fall 43 per cent in a year

Posted at 16:45h in

Sales across both the advised and retail platform industry fell by 43 per cent in...

12 Nov Brexit weighs on investor sentiment in third quarter

Posted at 07:55h in

In July the UK government finally agreed an exit strategy with the EU and the outlook began to look rosier. But as the quarter wore on, resignations and vocal criticism abounded dampening investor sentiment and sending stock markets into the red — the FTSE 100 and the FTSE All Share indices fell by 1.8% in the quarter. Download the release here.

26 Mar Platform industry highlights 2017 MK2 press release

Posted at 07:45h in

For stock market results reasons, we published headline figures only for the PLATORM INDUSTRY in February 2018. Now that all platforms have released their results, we can reveal the leading platforms for 2017.

14 Aug Platforms go from strength to strength

Posted at 09:05h in

Q217 Fundscape Platform Press Release

Download press release here. 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.