Standard Life Aberdeen topped the retail advised platform charts in 2017, in terms of assets and both gross and net sales, according to Fundscape's latest analysis of the platform sector.
Stripping out direct to consumer (D2C), institutional and workplace savings, Standard Life Aberdeen saw retail advised platform net sales of £7bn, followed by Aviva and Old Mutual - with £5.7bn and £4.4bn, respectively (see table below). Independent platforms, Transact and AJ Bell, followed - with £3.1bn and £3bn in net sales, respectively - which Fundscape said demonstrated the degree to which independence was valued by advisers. Transact recently floated on the London Stock Exchange and AJ Bell is set to follow suit later this year. D2C platform Hargreaves Lansdown enjoyed the stro...
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