Revealed: platforms and your adviser charging options

From 2013, advisers will have to charge for their services via a client-agreed fee. As such, platforms will need to have systems and models in place to facilitate these payments. Last month, Skandia unveiled its adviser charging facility but where do the other platforms stand on the issue? We bring you a round-up detailing how some platforms will facilitate adviser fees in the commission-free world. Skandia Skandia’s adviser charging model offers monetary or percentage options across four types of fee – initial, regular, switch and adhoc. The platform has set maximum fees levels ...