The Platform Machine Tuning for Efficiency
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Looking from a macro perspective, few would argue with the fact that platforms have been the great success story of UK investments in recent years. Over the same period that FSA product sales data charted a 50% decline in investment volumes, platform assets under administration (AUA) have increased by a factor of five. Every month another platform hits the news with the latest asset record and across the sector AUA now stand at over £244bn.