Research and consultancy firm AdviserAsset has launched an online comparison tool which provides advisers with a breakdown of a platform's share class options.
The share class analysis tool provides advisers with an overview of a platform's share classes in order to determine whether a move to 'clean' funds is in the best interests of clients. The Financial Conduct Authority (FCA) recently warned that it would not expect clean share class conversions to take place if a client is "in any way disadvantaged". The share class analysis tool provides advisers with a comparative gross and net total expense ratio (TER) and ongoing charge figure (OCF), including or excluding an allowance for tax, on investment portfolios. AdviserAsset director Col...
To continue reading this article...
Join Professional Adviser for free
Signup and gain exclusive members-only insights
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes
