Openwork's platform assets hit £1bn

Openwork offers advisers its own platform, which launched in January 2013 and is powered by Investment Funds Direct Limited, and the Zurich Investment Platform, which was made available to network members early last year.

Related topics:  Savings & Investments
Amy Loddington
10th January 2014
Savings & Investments

Philip Martin, Proposition and Marketing Director, Openwork, says:

“Openwork’s platform strategy has always been very clearly defined and it is gratifying to see our assets hit £1bn in the first full year since launch. We have worked very hard to help advisers understand how platforms can increase efficiency and assist their transition to fee charging so it is extremely pleasing to see them embrace the technology and a new way of working.”

David White, Head of Retail, Zurich UK Life, says:

“Our relationship with Openwork has always been extremely strong and it is really pleasing to see the early support we have received from its advisers. We look forward to developing new initiatives with Openwork and building on the success achieved to date."

Hugo Thorman, Managing Director, IFDL, says:

“Our partnership with Openwork has been a huge success and a fantastic endorsement of our technology and proven functionality. To have achieved this level of assets in a relatively short time period of time is extremely pleasing and bodes well for the future as advisers increasingly appreciate the myriad benefits platforms can bring to their businesses.”

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