Platform net sales drop as worst results since 2013 revealed
Tough year for platforms
Bella Caridade-Ferreira: “With the outlook crystal clear after the general election, sales flows rose markedly in the last weeks of December."
Platform net sales for last year amounted to only £29.7bn, as 2019 marked the worst net sales figure recorded since 2013, according to consultancy Fundscape.
More generally, last year's sales figure dropped by 34% since 2018 and by almost 50% (47%) since 2017. As a result of poor net sales showing, Fundscape has said, the net sales ratio - which used to hover...
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