UK adviser platform market reaches £862bn in AUA

Launching its first In Focus: Adviser Platforms report, Defaqto used data from financial planning tool Defaqto Engage, market analysis, adviser research and service assessments. The report examines the growth of adviser platforms over the past two decades, the impact of regulation and technological change, and the increasing importance of due diligence, functionality and client outcomes in platform selection. The report showed adviser platform assets under administration are now at their highest level in five years, despite a dip in 2023/24, due to "renewed confidence in investment ma...