UK IFAs, Investment Managers, & Platforms
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The attractiveness of platforms is first and foremost driven by the investment fund range they offer. Another key consideration is investment fund returns. Beyond products and performance, low costs are important to advisors. Investment product providers are regularly reviewed by IFAs. 30% review their investment product providers quarterly and 45% do so annually. Platform sales account for a growing percentage of gross retail fund sales. 94% of advisors use platforms, with the majority relying on more than one. The three most widely used platforms are Old Mutual, Cofunds, and FundsNetwork. There is increasing interest in the use of model portfolios and discretionary portfolio management driven by clients’ preference for specialist advice and the need for additional expertise where it is not available in-house. Online is the main channel of communication. Nearly three quarters of IFAs communicate with investment providers online on a weekly basis.
Scope
Verdict Financial’s “UK IFAs, Investment Managers, & Platforms” is a comprehensive analysis of what UK IFAs value in their investment product providers and the platforms that they use. Drawing from our 2015 IFA Survey, the report offers insight into which platforms advisors use, the key features they value, and what motivates them to consider switching providers.
The report also offers insight into:
The importance of IFAs as a distribution channel
What motivates IFAs to rely on third-party asset managers
How to cultivate relationships with advisors
Reasons to Buy
Receive a comprehensive overview of what investment product and platform features IFAs look for.
Get fact-based insight into the IFA market from our proprietary 2015 IFA Survey.
Identify how to remain competitive by understanding IFA preferences.
Aviva
AXA
Cofunds
Elevate
FundsNetwork
Fidelity
Nucleus
True Potential
Standard Life
Transact
Zurich
Skandia
Old Mutual
Table of Contents
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