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ARTICLE · 30 NOVEMBER 2023

An Introduction To And Current Issues Facing Investment Platforms

Burges Salmon LLP
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The platform sector has grown rapidly over recent years and is likely to continue this form. The FCA has intense focus on ensuring that the very highest of standards apply in an environment...

United KingdomFinance and Banking
Martin Cook
Martin Cook

The platform sector has grown rapidly over recent years and is likely to continue this form. The FCA has intense focus on ensuring that the very highest of standards apply in an environment where consumers can invest with confidence, understand the risks they face and are clear about the availability of regulatory protections if things go wrong

The "platform" is a simple concept. It is a tool to provide access to investment products through an online portal. The platform sector has grown rapidly over recent years and is likely to continue this form. Online services play an increasingly central role in the provision of investment and retirement services to consumers. Recent data from the FCA suggests that the platforms hold over £800bn of investment assets for over 8mn customers1.

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