Pension freedoms drive 'record-breaking' platform flows in Q1
AUA passes £500bn mark
Bella Caridade-Ferreira: "Accessing pension freedom through DB transfers is a top priority for investors nearing retirement, and this will keep the industry buoyant throughout 2017 and well into 2018.”
Platforms experienced a 'record-breaking' first quarter after seeing the highest quarterly sales on record, with assets under management (AUA) reaching £520bn, Fundscape has found.
According to the firm's latest platform report platforms achieved net sales of £13.3bn in the first quarter of the year, representing a 27% increase on Q4 2016 and a 39% increase on Q1 2016. The report...
More on Wrap/platforms
DWP consults on simpler benefit statements for DC pension savers
Increase understanding
Platforms' AUA exceed £500bn after bumper Q1 - the lang cat
Strong performance
'Shocking' figures show quarter of a million get no state pension
‘Government must do more’
Andy Back: Platform evolution - from iPod to bespoke music streaming
Modular approach
Back to Top
More news
Lumin Wealth sells majority stake to Swiss VZ group
Five-year plan
Industry Voice: It's time to get excited about UK dividend growth
RLAM's Senior Fund Manager, Richard Marwood outlines the background to how investors fell ‘out of love’ with the UK market but points to positive signs of a recovery.
Meet the ESG Investment Influencers: Louie French of Tilney Smith & Williamson
Fund selector insights into sustainable investing
DWP consults on simpler benefit statements for DC pension savers
Increase understanding
