View more on these topics

More investors turning to experts to make decisions

More investors are turning to experts for help with their investment decisions while high street banks are seen as the favoured investment provider, according to the latest data from Platforum.

Consumer research published by Platforum this month shows the proportion of investors using advisers in the 12 months to November 2017 has increased from the same period last year.

In 2017, 18 per cent of investors said they leave everything to an expert and have little to with their investments. This was an increase from 7 per cent the year before.

Platform Health Check: What does each platform really cost?

Just over a quarter of those surveyed (26 per cent) said they leave most decisions to an expert but like to stay in touch with what is going on with their investments. This increased from 19 per cent in 2016.

The proportion of investors who said they deal with their investments themselves, without expert help or advice dropped from 40 per cent in 2016 to 34 per cent in 2017.

Those who said they mostly deal with their investments themselves but sometimes ask for expert help dropped from 34 per cent in 2016 to 22 per cent in 2017.

The survey included 487 UK adults with investments.

Platforum also asked what investment providers had been used to place investments in the past two years.

High street banks were the most frequently used provider (31 per cent), followed by financial advisers (23 per cent) and pension providers (22 per cent).

Using do-it-yourself investment services was more popular among younger investors and male investors.


Clock money 620 x 430

How platforms can solve their profitability pressures

Future success will be about adaptability; taking incremental steps to meet changing needs The last five years have seen the platform industry deal with huge legislative changes while facing political and economic uncertainty. At the same time, the move to a more digitally aware, 24/7 society has accelerated, with people expecting access to real time […]


Fidelity platform business posts £16m loss

The company that runs Fidelity’s platforms has posted a loss of £15.9m for the 12 months ended 30 June 2017. Annual accounts posted to Companies House on 22 December for Financial Administration Services, which is the company that operates FundsNetwork and Fidelity Personal Investing, show the loss grew from £15.5m in 2016. The accounts document […]

Tapering of annual allowance – adjusted and threshold income

The definitions of adjusted income and threshold income used to determine whether, and to what extent, someone’s annual allowance will be reduced can be confusing.  Here we try to make sense of it all. The annual allowance will be reduced for high income individuals from 6 April 2016.  Our previous article Tapering of annual allowance […]

India: from a macro to a micro story

Kunal Desai, Head of Indian Equities, Neptune After three years of gains, does the Indian market still represent good value? Watch Kunal Desai discuss the impact of Modi and where he is finding the best investment opportunities today. Important Information Investment risksNeptune funds may have a high historic volatility rating and past performance is not a […]


News and expert analysis straight to your inbox

Sign up


    Leave a comment