Platform sales lowest in three years
Reduction in DB transfer flows leads to drop in sales
Bella Caridade-Ferreira: "Investors are sheltering their hard-earned cash from uncertainty."
Evaporating defined benefit (DB) transfers and high political uncertainty have made 2019 one of the worst years on record for platform sales, consultancy Fundscape's third quarter results show.
Platform industry assets saw a 2.5% increase to £691.3bn, despite stock markets flatlining during this period, but sales played a small part in asset growth. Gross platform sales totalled £27.4bn, the...
More on Platforms
The lang cats adds AKG ratings to platform due diligence tool
Following feedback
Royal London to sell Ascentric platform to M&G
£100m re-platforming
Dunstan Thomas acquires Platform Action as it looks to platform sector
10 year working relationship
Quilter could delay final platform migration amid Covid-19
No plans to take advantage of government schemes
Back to Top
More news
Clive Waller: The latest scandal proves ESG isn't a fad
'Not a chance ESG will disappear'
Keith Churchouse: It's a social marathon, not a business sprint
Learnings from Covid-19
Woodford appointed advisor to fund manager Juno Capital
Working on portfolio of unquoted healthcare investments
Schroders launches six multi-manager portfolios
Managed by Benchmark Capital CIO Alex Funk
