Investment platform consultancy the lang cat has recruited Tom McPhail, the high profile former Hargreaves Lansdown pension spokesman and head of policy, to be its new director of public affairs.

The platform sector has recovered strongly this year with inflows reaching the highest levels since the DB transfer and Pension Freedoms booms of 2018, according to the platform consultancy lang cat.

Platforms were hit by a 12% drop in Assets Under Administration (AUA) in the first quarter of this year, according to analysis by the lang cat consultancy.

Organisers have spoken of a “great” Paraplanners Powwow last week.