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Transact tops latest Platforum survey

Transact has been rated highest in the latest survey of adviser wrap sentiment based on users of The Platforum website.

IFAs used The Platforum website to assess ten platform providers, scoring them out of five in ten different categories.

Standard Life came second and Axa Elevate third in the latest survey.

The latest table is based on the feedback of 850 IFAs and forms part of a quarterly survey carried out by The Platforum.

Last quarter’s table toppers Nucleus fell three places to fourth while Cofunds and Fidelity are currently ninth and tenth respectively.

The Platforum managing director Holly Mackay says: “A combination of financial strength ratings and user feedback has placed Transact, Standard Life then Elevate at the top of the new Platforum Leaderboard. It won’t be long until this is correlated with AUA and, we suspect that within a year, these three will be next in the pecking order behind the three behemoths, Skandia, Fidelity and Cofunds.”

Q1 2011 Platform
1 Transact
2 Standard Life
3 Elevate
4 Nucleus
5 Skandia
6 Ascentric
7 Novia
8 7IM
9 Cofunds
10 FundsNetwork
Q4 2010 Platform
1 Nucleus
2 Novia
3 Transact
4 Standard Life
5 Ascentric
6 Elevate
7 7IM
8 Skandia
9 Cofunds
10 FundsNetwork

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Comments

There is one comment at the moment, we would love to hear your opinion too.

  1. Why do surveys (and articles) like this persist in failing to make a distinction between Wraps and Fund Platforms/Supermarkets? The product offered by Cofunds, Fundsnetwork and Skandia is very different to that offered by Transact, Nucleus at al. Even worse, Standard Life have one of each, so what does this refer to?

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