Super clean and others: What drove different approaches to passing on cheaper costs?

Super clean and others; why fund groups took different approaches to passing on cheaper costs

clock

Standard Life has completed its first round of negotiations with fund managers, revealing a difference of opinions when it comes to the best approach in delivering fund discounts. Henry Brennan finds out more...

Eight fund groups, not including Standard Life Investments, opted for the ‘super clean' route, resulting in the creation of a new, discounted share class for 298 mutual funds. Four other fund groups, again not including Standard Life Investments, opted for the insured fund approach. Standard Life manufactures a unitised fund under life insurance regulations and is able to then negotiate cheaper fund costs as an institutional investor. The firm says this approach has required the creation of the first range of fully unbundled insured funds and has confirmed 79 discounted insured fund l...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Wrap/platforms

FNZ launches adviser-focused AI tool as personalisation demand grows

FNZ launches adviser-focused AI tool as personalisation demand grows

Generative AI solution intended to cut admin time and help advisers meet Consumer Duty standards

Sahar Nazir
clock 19 August 2025 • 2 min read
Scottish Widows' Bold predicts adviser 'flight to trusted quality' in fragmented platform market

Scottish Widows' Bold predicts adviser 'flight to trusted quality' in fragmented platform market

‘There will be potential platform consolidation’

Jenna Brown
clock 18 August 2025 • 6 min read
Aviva platform net flows climb 28%

Aviva platform net flows climb 28%

Driven by higher adviser client retention and expanding direct wealth channel

Sahar Nazir
clock 14 August 2025 • 2 min read