Standard Life Aberdeen tops 2017 advised platform charts - Fundscape

Net sales of £7bn

Victoria McKeever
clock • 2 min read

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...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Wrap/platforms

Platform due diligence: A comprehensive approach

Platform due diligence: A comprehensive approach

Due diligence is more than best practice it is ‘fundamental'

Stephen Ford
clock 18 November 2024 • 4 min read
Adviser platform net sales hit £3.1bn despite spike in lump sum withdrawals

Adviser platform net sales hit £3.1bn despite spike in lump sum withdrawals

Assets rose to £683bn in best third quarter in three years

Isabel Baxter
clock 15 November 2024 • 4 min read
Schroders UK Platform Awards 2024: Full list of winners revealed!

Schroders UK Platform Awards 2024: Full list of winners revealed!

See who took home a trophy at last night’s ceremony in London

Professional Adviser
clock 25 September 2024 • 1 min read