Quilter tops lang cat’s advised platform sales chart as industry outflows rise
Total industry outflows up 30.4% year on year
Total industry outflows up 30.4% year on year
FUD was up 4% for the quarter but remains below the £54.5bn recorded a year ago
Assets continue to slide as net sales hit lows not seen in over a decade
He ‘was a true innovator and a giant of the industry’
Number of advisers using the platform jumped 5% in a year
Marking the first time BlackRock has managed an MPS range on a UK advice platform
The platform’s funds under direction hit £46.9bn on the back of strong inflows
Platform adds £2.9bn of assets in Q4 from positive equity markets
Leaving James Hay as the last firm in the running for the London listed platform
Broker deems platform valuations too high but fund managers still see an opportunity to tap into future growth
Platform co-founder will retire from financial services in winter
But FTSE 250 platform sustains 8% hit to AUA