Better Business: UK platforms stand tall

clock

Ed Dymott, head of UK fund partners at Fidelity FundsNetwork, uncovers an industry that punches well above its weight.

Platforms have come a long way from their standing start about 10 years ago. They have obviously struck a chord with the industry because the rate of adoption among consumers and advisers is fast and accelerating. The concept of a platform is simple and effective, but like mobile phones, platforms have become a commodity and are now taken for granted; it is difficult to remember what life was like before them and impossible to imagine them not being around. In spite of the amount of attention platforms attract, the current market punches well above its surprisingly small weight of £100bn...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Wrap/platforms

AJ Bell platform hits record AUM as inflows rise 19%

AJ Bell platform hits record AUM as inflows rise 19%

13% rise over the past year and a 1% increase in the quarter

Linus Uhlig
clock 24 April 2025 • 2 min read
Wealthtime signs ten-year deal with Wipro to overhaul platform

Wealthtime signs ten-year deal with Wipro to overhaul platform

The firm will use Wipro's artificial intelligence

Sahar Nazir
clock 01 April 2025 • 2 min read
Adviser platform assets up to £616.2bn in 2024

Adviser platform assets up to £616.2bn in 2024

Strong advised platform new business throughout 2024

Jenna Brown
clock 19 March 2025 • 3 min read