Is the move to super clean worth the trouble?

SUPER CLEAN

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Is a 10bps reduction enough to prompt an adviser to review their fund selection? Henry Brennan finds out if super clean is too much bother.

The current slew of super clean share class offers stand to fall short of providing a worthwhile incentive for advisers to switch platforms, according to research from CWC, in co-operation with IFDS. The report – Call my Bluff – found that roughly one third of advisers would review their fund selection in response to a 10bps reduction, broadly the sort of terms being brought to market by providers such as Standard Life and Investec. The survey found no advisers that would be moved to review their selection for a discount of 5bps. A reduction of 10bps would prompt 33% of advisers to...

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