Quilter Cheviot and Rathbones launch transparent pricing comparison model

The pair said the process is not unlike that used for the ongoing charges figure for collectives. The benefit of having this figure is that it means costs are transparent, the effect of deductions can be easily understood and most importantly it makes price comparison easier for financial advisers and clients, said the firms. Quilter Cheviot and Rathbones hope this methodology will encourage the creation of an industry standard for discretionary managed portfolios. A survey of potential private clients, commissioned by Rathbones, found that a high proportion of those questioned wer...