Approximately 90% of the £519bn of advised assets held on platforms are subject to disruption by a major business event such as re-platforming, floatation or sale of a "significant element of the business", according to the lang cat.
The consultancy's latest scorecard said the disruption had not affected sales growth, however, with what it calculated to be record growth inflows of £20.3bn across the sector in 2017 Q4. Looking at 2017 as a whole, the lang cat said gross inflows amounted to £75bn, while net flows were at a "healthy" £42bn. It added the "net inflow winners" were Standard Life Wrap and Elevate, which had inflows of about £7bn in 2017, while Aviva's platform took in around £5.8bn. AJ Bell, Old Mutual Wealth and Transact were also "notable on the net flow front". Principal Mark Polson (pictured) said...
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