Advised platform assets set to reach £655bn in 2024

In its five-year growth projections to 2028 (shown in the graph below), Fundscape has said that the pessimistic figure for advised platforms for this year is £632bn, the realistic figure at £655bn, and the optimistic figure has been set at £685bn. When it comes to 2028, it has forecasted that advised platform assets will realistically reach £995bn. Fundscape said the retail advised platform business is expected to grow steadily over the next five years predicated on the ongoing demand for advice, especially in the pre- and post-retirement phases. Fundscape said that the economy...