Chris Bredin: Platform land's poor 2018 was of sector's own making

Poor customer experiences

clock • 4 min read

Brexit and market volatility may have added to the uncertainty in platform land in 2018 but, writes Chris Bredin, the most significant of the sector's problems were very much of its own making

Life certainly does come at you fast. Just 12 months ago, we were writing about a bumper 2017 for the advised platform market with record new business, driven largely by positive market sentiment and DB transfer flows onto advised platforms. Looking back at 2018, however, things are markedly different. It is fair to say that 2018 was a bit of a mixed bag in platform land with various external factors influencing the sector. The in, out, shake-it-all about Brexit hokey-cokeyness, and increased market volatility have both probably added a bit of investment uncertainty, but not significantl...

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