Platform assets to reach £1.4trn by 2022 - Fundscape

'Pension factor' boosts 2017 growth

clock • 2 min read

Platform assets look set to reach £1.4trn by 2022 through a combination of regulatory, political and economic factors, Fundscape has predicted in its quarterly platform report.

Fundscape chief executive Bella Caridade-Ferreira (pictured) said she expected the market to hit the £1.4tn figure in five years' time as platforms "evolve considerably as delivery and investment solutions become more tightly integrated". Looking at 2017 alone, AJ Bell has so far seen the biggest proportional growth in assets - up by 25% (£6.3bn) this calendar year. This compares with 15.8% (£7bn) growth for Standard Life, 14% for Old Mutual (£6.2bn) and 17.3% (£12bn) for Hargreaves Lansdown's D2C-focused platform. Aegon's ARC platform continued to top net sales in the third quarter, ...

To continue reading this article...

Join Investment Week for free

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

More on Wealth Management

Redington head of global assets Gillespie: Do you trust your DFM?

Redington head of global assets Gillespie: Do you trust your DFM?

Five key questions to ask

Tara Gillespie
clock 31 January 2024 • 4 min read
Capgemini head of capital markets: Four key calls for the wealth sector in 2024

Capgemini head of capital markets: Four key calls for the wealth sector in 2024

Generational wealth transfer

Gareth Wilson
clock 23 January 2024 • 4 min read
Defaqto unveils Consumer Duty profiles for top 20 model portfolios

Defaqto unveils Consumer Duty profiles for top 20 model portfolios

Structured around FCA's four key outcomes

Valeria Martinez
clock 19 December 2023 • 1 min read
Trustpilot