True Potential platform growth sees assets soar 22% to hit £30bn

Results published today (12 March) also show 75,464 clients joined the Newcastle-based group's platform in the last 12 months despite a difficult year for the growth within the industry. The number of financial advisers at True Potential grew 11% in the last year while a client retention rate of 98% has also been recorded. The network confirmed it had cut its advice fees by 0.27% for those switching to the central advice team, leading to around £8bn a year in savings. "We remain committed to closing the advice gap," said chief executive Daniel Harrison.  "Surpassing £30bn in AUM is...