Wrap platform Nucleus has published a pricing guide for advisers which breaks down platform charges.
The guide divides platform charges into three categories; initial, core and event-driven, and provides a description of each.
Nucleus said the guide is designed to expose "hidden charges" advisers may encounter.
Nucleus technical communications manager Terry Huddart said: "There's so many potential extra charges in the small print that we wanted to bring a bit of clarity by creating a one-page guide to what they all are.
"Event-driven charges can be incurred through situations such as moving money, withdrawing money or switching investments and platforms may rely on these additional charges to bolster their revenue stream."
Proposito Financial Planning director Huw Jones said: ""All advisers need to have an open and transparent conversation about platform charges. This Nucleus guide will facilitate that and allow advisers to dispel any fears clients may have about hidden, event-driven charges in the platform sector.
The guide is available here.
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