“If you don’t move as an incumbent, you are in trouble.
Reuters was unable to obtain more recent industry-wide data, but some of the industry’s leading players said net inflows remained above pre-pandemic levels and were outstripping market gains.
Independent online platform Freetrade says its assets had leapt to 1.1 billion pounds, from 240 million prior to the pandemic.
The platforms sense further opportunities.
Only two in five DIY investors thought losing money they invested was a genuine risk, a survey by polling firm Britain Thinks found this year.