FundsNetwork freezes £45 account fee

In addition, the account fee will be extended across the platform to include all clients during the second half of 2011 following its introduction to clients with over £50,000 in July 2010. "We want to give our clients certainty in an inflationary environment and believe that freezing our account fee and removing linked indexation to RPI for two years underlines that commitment to them," says head of platform sales and DC business Julian Webb (pictured). Clients who opt into the account fee option of £45 per year have the freedom of buying and switching without incurring any additiona...