Retail Distribution Update

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Retail Distribution Update

DIY investors and platforms

Boring Money’s Retail Distribution Report will provide asset managers with the latest information and data on their end customer and the platforms they purchase from. Our data is collated from over 6,000 UK adults, supplemented by additional surveys with 3,000 platform users.

Some snippets to whet your appetite…

Market size and growth

There was £392 billion in the DIY investment market as at Q4 2023 - a growth of 14% over the year.
There has been a 56% growth in customer accounts since 2020.
There were over 10.2 million accounts in the UK as at Q4 2023.

Platform players

The top 5 platforms retain a powerful market share of 72%. However, Hargreaves Lansdown’s market share has fallen to 36%.
In terms of customer growth, robos continued to perform best, growing market share by customer accounts to 22%.
Vanguard’s market share by £ has risen 10x since 2019.

Fees and charges

Average platform fees for an ISA have fallen to their lowest ever average.
Average platform fees for a SIPP are now under 0.3% for a £100,000 pension.

Download the Table of Contents

Download the Table of Contents to preview how the Retail Distribution Update can provide you with a better understanding of the DIY investors and platforms landscape in 2024.

I would like to hear from you about products, events, general marketing and other things from Boring Money – including personalised content and ads - but please try not to make them as boring as everything else in finance!

Key chapters will include:

Market data

£AUA, customers, market share, growth and more

Consumer research

From a survey of 6,486 nationally representative adults, with segmentation and analysis to pinpoint your target customer

Gender Investment Gap

The scale of the problem, the sizing of the gap and the drivers affecting adoption and cut through

Competitor Landscape

Detailed view of the competitive landscape, developments in the provider space, and cash-based products.

Consumer Duty

An analysis on vulnerable customers, risk appetite and consumer understanding

Market Trends & Forecasts

Vital for business planning, we forecast growth and developments in the sector

Get in touch with us to buy the report

Please contact dan@boringmoney.co.uk for more information or to request a call with the research team.

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Document Testing in reaction to Consumer Duty

Consumer Duty requires firms to test their communications with customers, in order to ensure that consumers are able to: find information, comprehend the information, and that the information provided supports them to make good decisions that inform the right action for their investment objectives.

Pensions Report

The aim of this report is to provide a detailed look at pension ownership and consumer attitudes towards pensions in the UK, and to explore the appetite for pension engagement and approaches to pension pot consolidation.

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