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  • Trending now
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  • Platforms

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."
Bella Caridade-Ferreira: "Investors are sheltering their hard-earned cash from uncertainty."
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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...

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More on Platforms

With a consultation paper now due in Q1 2020, realistically it could be well into 2021 before nay ban or cap on exit fees will be implemented" - lang cat's Mike Barrett.
Platform transfer remedies set for July 2020 as FCA delays exit fee ban consultation

Until Q1 2020

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More news

Platform transfer remedies set for July 2020 as FCA delays exit fee ban consultation
  • Platforms
Platform transfer remedies set for July 2020 as FCA delays exit fee ban consultation

Until Q1 2020

  • 13 December 2019
MP who pushed for DB contingent charging ban loses seat
  • Retirement
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  • 13 December 2019
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ACA chair

  • 13 December 2019
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Sterling spikes on Conservative majority

Landslide win for Tories

  • 13 December 2019
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