Platform net sales drop as worst results since 2013 revealed

Tough year for platforms

Sophie King
clock • 1 min read

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 around 50% - has decreased to 25.6%. However, Fundscape did find the year ended "on a high" as net sales made rose to more than £8bn, an increase the consultancy said was down to the general election results on 12 December. Elsewhere, in Q4 of 2019, assets under administration (AUA) rose by 3% to £713.1bn and annual asset growth for 2019 came to £112bn, a 19% increase. This figure ...

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 Platforms

Platforms vie to attract retail investors ahead of SpaceX IPO

Platforms vie to attract retail investors ahead of SpaceX IPO

Could be 'first foray into investing' for many

Michael Nelson
clock 08 June 2026 • 4 min read
UK adviser platform market reaches £862bn in AUA

UK adviser platform market reaches £862bn in AUA

Currently 32 platforms from 27 providers operating in the UK adviser market

Sophia Panayi
clock 03 June 2026 • 1 min read
EQ Investors launches on Timeline platform

EQ Investors launches on Timeline platform

Financial planners to have direct access to sustainable portfolios

Sophia Panayi
clock 21 May 2026 • 1 min read