10 Mar Hargreaves and Cofunds top platform sales in 2016
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Cofunds – now part of Aegon – topped the gross sales table with £7bn in the...
Archive
10 Feb Vanishing cash: Have pensions raked in ISA outflows?
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Money held in stocks and shares Isas “left the system” in 2016 as investors chose...
20 May Pensions overtake Isa sales on platforms
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The first quarter of this year has seen pensions overtake Isas on platforms, according to...
24 Nov Feeling frazzled? Information overload?
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To stay up-to-date, read our review of the fund industry and for the platform industry.
10 Nov Platforms shake off market correction with strong flows in Q3
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Download full press release here.
With a stock market correction of 8% during the quarter, it was no surprise that platform assets shrank by 0.7% to £377bn — robust flows and a strong interest in all things pensions cushioned platforms from the worst. Fundscape’s Q3 Platform Report showed that gross flows were slightly lower than the last quarter at £24bn, but net flows rose to a new high of £13bn[1]. On a YTD basis, gross sales were £72bn v £60bn in 2014, while net sales were £35bn v £30bn the previous year.