Research revealing more than half of the almost £400bn of total assets under administration (AUA) in the platform sector stands affected by recent acquisition and re-platforming announcements has underlined the extent of the uncertainty currently facing advisers and their clients.
According to the lang cat's fifth annual guide to platform investing, The Quick and the Dead: State of the Platform Nation, £207bn - representing 54% of the sector's total of £386bn of assets under administration - is, as the platforms, pensions and investment consultancy put it, "in flight". "This is the most significant stat to come out of our 2016 guide and it's a big one," said lang cat principal Mark Polson (pictured). "The sheer size of the figure reflects the fact the UK platform market is going through a period of major transition, with so much in flux as no-one yet knows whether...
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