Transact was the leading platform for net sales for Q3 2020 and the year to date, research by Fundscape has found.
According to the data, Transact made £731m in net sales throughout Q3, followed by Aviva with £698.7m and True Potential at £606.7m. Fidelity came in fifth with £552.5m in net sales. Transact was also the top platform by net sales for the year to date (YTD) in 2020, making £2.6bn in total. Aviva closely followed at £2.6bn and AJ Bell was third with £2.2bn. True Potential was fifth with £1.9bn in net sales YTD. At the other end of the scale, according to Fundscape figures, six platforms ended 2020 Q3 with less assets than they started the year with, posting negative net figures: Aegon,...
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