With headline fees and wrapper charges moving in all directions across the adviser platform market, Tom Ellis considers the reasons pricing in the sector is behaving in the way it is
In the re-platforming segment of the market, there are few businesses that have not already made changes to their pricing or can categorically state they will not make any alterations when their projects are complete. In May, Ascentric increased its headline rates for smaller portfolios, lowered them for larger portfolios, but removed charges on wrappers and trading, claiming it would be cheaper for its average client. In its response to Professional Adviser's re-platforming survey, Aviva says there will be "no increase to any platform charge or any other charges relating to platform ...
To continue reading this article...
Join Professional Adviser for free
Signup and gain exclusive members-only insights
- 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
