Ascentric looks to broaden appeal through new charges

The changes, which take effect from January 4, mean the charge for funds up to £60k is £60 plus 0.15%, compared to the previous rate of 0.25%. The minimum investment amount has also been reduced from £5,000 to £1,000. "The Ascentric proposition already offers a wide availability of investment solutions to advisers," says sales and marketing director Richard Goodall (pictured). "Following feedback from our users, this new charging structure will allow our advisers to offer their investment solutions to a broader range of clients." The wrap's other prices comprise a 0.25% charge on b...