UK IFAs Market 2018- Revenue, Price and Gross Margin Research Report 2018

Pune, India, 5th April 2018: WiseGuyReports announced addition of new report, titled “UK IFAs, Investment Managers & Platforms 2017”.

Summary

Independent financial advisors (IFAs) are a key distribution network for investors in the UK. Product providers will do well to understand the priorities and criteria advisors use in selecting their investment partners and platforms, particularly with a growing tendency to cooperate with discretionary fund managers (DFMs). As nearly all advisors in the UK use a platform (or multiple) to manage their clients’ assets, understanding why certain platforms are favored above others remains crucial. Online access to platforms is important for IFAs, which will continue to leverage digital capabilities to remain relevant.

 

GET SAMPLE REPORT @ https://www.wiseguyreports.com/sample-request/918756-uk-ifas-investment-managers-platforms-2017                       

 

Key Findings

– UK fund platforms continue to grow their market share by providing both advisors and direct investors with access to a range of products. In 2015 these platforms accounted for 52% of industry gross retail sales.

– The attractiveness of products is driven by cost along with the quality of administrative and reporting functions. Beyond these two features, the investment fund range is also important to advisors.

– Investment product providers are regularly assessed by IFAs, with 47.3% carrying out reviews more than once a year.

– 91% of advisors use platforms, with the majority relying on more than one. The three most widely used platforms are Old Mutual, Fidelity Funds Network, and Aviva.

– There is increasing interest in the use of model portfolios and discretionary portfolio management, driven by clients’ preference for a better investment range and less administration.

– Cost is the main driver for switching platforms, highlighting the increasingly commoditized nature of the service.

 

Synopsis

“UK IFAs, Investment Managers & Platforms 2017” is a comprehensive analysis of the features and preferences of UK investors and IFA clients. Drawing from our proprietary IFA Survey, the report offers insight into platform characteristics, what drives IFAs when selecting platform providers, and demand for DFMs.

 

Specifically the report:

– Examines the role IFAs have in providing financial services.

– Details market developments and the evolving landscape of the UK market.

– Analyzes the most important features IFAs consider when selecting platforms.

– Identifies the companies that offer the most attractive platform packages.

– Examines the criteria for selection of pension fund providers.

 

Reasons to Buy

– Comprehensive overview of what investment product and platform features are of interest to IFAs.

– Insight into the IFA market from our UK IFA Survey.

– Identify how to remain competitive by understanding IFA preferences.

 

Table of Content: Key Points

EXECUTIVE SUMMARY

Key findings

Critical success factors

IFAS ARE A KEY DISTRIBUTION CHANNEL

Retail fund distribution increasingly occurs through platforms

Platforms represent a noticeable channel for retail fund sales

Platform consolidation in the UK will be a noticeable trend going forward

PLATFORMS REMAIN THE DOMINANT CHANNEL FOR ADVISORS

Low cost and administrative functions are IFAs’ top considerations

Online interactions are important, with mobile connectivity less of a concern

The majority of IFAs rely on multiple platforms, especially those with larger businesses

Bigger firms are more able to absorb the costs that come with using multiple platforms

With the ability to achieve economies of scale, larger businesses split their client assets over multiple platforms

The majority of IFAs rely on multiple platforms

Fund supermarkets are rated as the most attractive platform packages

PRODUCT PROVIDERS ARE REGULARLY REVIEWED

Product providers should offer a consistently appealing service as they undergo regular scrutiny from IFAs

Cost sensitivity is the major factor that prompts IFAs to review their platforms

Low fees and administration functions are also significant for selection of pension fund providers

IFAS ARE INCEASINGLY INTERESTED IN USING DFMS

Advisors are focused on moving away from traditional fund selection

Over a third of advisors are using DFMs for client investments

AUM under third-party managers are on the rise, with ample room for growth

DFMs should ensure their products are competitive

Costs and a better investment track record are the top reasons advisors select their DFMs

Concerns over cost and control deter financial advisors from outsourcing to DFMs

APPENDIX

Abbreviations and acronyms

Definitions

IFAs

Methodology

…Continued

 

ACCESS REPORT @ https://www.wiseguyreports.com/reports/918756-uk-ifas-investment-managers-platforms-2017                                     

 

Get in touch:

LinkedIn: www.linkedin.com/company/4828928

Twitter: https://twitter.com/WiseGuyReports                                                                  

Facebook: https://www.facebook.com/Wiseguyreports-1009007869213183/?fref=ts

Media Contact
Company Name: Wiseguyreports.com
Contact Person: Norah Trent
Email: Send Email
Phone: +1 646 845 9349, +44 208 133 9349
City: Pune
State: Maharashtra
Country: India
Website: www.wiseguyreports.com