Both total and advised platform assets decreased in Q1 2022 - the lang cat

Additionally, gross flows across all channels were down by 21.89% while net sales decreased 44.68% in Q1 2022, indicating outflows have risen across the market, according to the lang cat. Fundscape also revealed in its latest Platform Report that platform assets fell by 2.5% to £906.8bn compared to December 2021. In Q1 2022, True Potential was the only platform to record asset growth, it found. The adviser platform channel saw a similar decline with assets shrinking from £581.3bn to £565.7bn, according to Fundscape. The substantial drop inflows against previous quarters was driven by ...