Archive

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.

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.