Terry Huddart, technical communications manager of Nucleus, discusses the demise of the fund supermarket structure and scrutinises the new-look platform space.
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...
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