Single fee applied to all Selestia investors

Several changes are being unveiled at varying intervals to correspond with reforms to polarisation and the anticipation of IFAs moving towards a fee-based pricing structure. Most important of these is a new pricing policy known as the Selestia Investor Charge which will cost consumers £75 per year - plus VAT where applicable - to use the wrap platform rather than a fee linked to product purchases. Selestia says from April 2005, the new structure will be applied but this fee will be waived for existing customers until new money is added to the product. Similar changes include allo...