Barclays reveals post-RDR advice fees

The bank will charge 75bps for assets up to £1m, falling to 60bps for £1 to 3m, 50bps £3 to 7m and 25bps for assets over £7m. The figures include both custody and advice provided by Barclays Wealth advisers. A spokesperson said: "We have taken a number of steps throughout the last year to ensure our clients are kept fully up-to-date on our approach to RDR. "We have been writing to them over the last week with details of pricing, to ensure that we continue to be fully transparent. "We believe we continue to offer a market leading service to clients, with clear, transparent and co...