Limiting charging to 'unbundled' will confuse - Cofunds

In a paper looking at the role of platforms and the RDR, Cofunds says unbundling every platform payment will only confuse clients. "Our extensive experience shows us rebating in this way can add to consumer confusion," says the platform. "We are puzzled by industry voices who are demanding the only way platforms should be allowed to price is some form of unbundled solution." It adds offering just an unbundled solution will remove choice and add complexity. Cofunds thinks allowing a range of charging structures, leaving advisers and clients free to decide which one is most appropri...