01 Apr 2019 Slashed bonuses could hit Standard Life
Standard Life Aberdeen could face depressed morale on the shop floor as it reportedly slashes bonuses – a potential shock to the system for asset management staff who had become accustomed to...
// Standard Life
19 Mar 2019 Was platform dominance broken in 2018?
2018 was a tough year for the adviser platform sector as a whole but, amid the general suffering, are net-flow figures suggesting a shift in the balance of power among the most popular players?...
13 Mar 2019 ‘A dumb idea from the off’: Standard Life Aberdeen drops co-CEOs
Standard Life Aberdeen’s decision to scrap its co-CEO structure has been hailed as a long-overdue, inevitable decision for the firm but also the end of an era for Aberdeen boss Martin Gilbert who defied...
07 Mar 2019 Are Aviva’s platform flows as bad as they look?
Aviva's net platform flows were revealed to be 38% down year-on-year in the group's annual results this morning. Yet, after a slow 2018 in the platform market, are the group's troubles as bad as...
08 Feb 2019 Quilter eyes decumulation
22 Nov 2018 Vertical integration
Last week we published the quarterly Platform Report, which attracted much attention. Total industry assets now stand at £267bn, and although it was the quietest quarter of the year, gross and net flows were pretty robust at £17bn and £8.9bn. (Download press release here and 60-second reviews here).
07 Nov 2018 A sizzling summer for the platform industry – third quarter update
The summer period is usually one of the quieter quarters of the year, but an improving economic outlook and the ongoing effect of the Retail Distribution Review (RDR) led to a bumper quarter for platforms. Total platform assets under administration were £267bn, up 7% in the second quarter, and comfortably ahead of FTSE All-Share growth of 5%.
20 Aug 2018 Sluggish ISA sales and soft Q218 for platforms
After significant falls in Q1, stock markets began to level out at the end of March... just in time for the last two weeks of the ISA season. By the close of Q218, the UK stock market had recovered most of its lost ground, with the FTSE 100 and FTSE All Share rebounding by 8% and performing better than most major stock markets in Q2.
15 May 2018 Robust start to the year for platforms in Q1
Owing to geopolitical uncertainty, the first quarter of 2014 was more volatile for investment growth, but platforms swam against the tide thanks to strong sales. In the first three months of the year, the stock market contracted by 3%. Platforms are inevitably affected by market movements, but instead of shrinking, total platform assets actually increased by 3.3% to £304bn over the quarter.
Click here to read the full press release.
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