Death of the (fund) supermarket salesman

The majority of bundled (and of course semi-bundled) platforms have now revealed their new world charging structures, which means it will not be long before the FSA’s goal of transparent consumer charging becomes a reality. This is where advisers are remunerated explicitly by their clients and the smoke and mirrors of commission disappears. An interesting dynamic in all of this is that unbundled models – which have been, let’s say encouraged, to become transparent by regulation – will be starting from scratch in the new-look platform space and in a pricing sense, all platforms will ad...