Platform net sales drop as worst results since 2013 revealed

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 ...