Major platforms consider adding to charging options

During a debate at the Marketforce Distribution Conference, Fidelity Worldwide head of commercial, Ed Dymott, said the company had seen interest from advisers in an alternative charging option. "We have got advisers who are looking at that model, who say ‘I charge my clients a fee, and for part of that fee I will pay the platform charge'," he said. "We're in the same position," said Cofunds head of sales and marketing Alastair Conway. "We have firms asking to blend in some way, and we're relaxed whichever way you want to do it. "Either way, we want to work with the adviser to help ...