Close Brothers launches 0.25% platform fee until March 2015

From 10 March until 31 March 2015, existing and new clients will be charged an annual platform fee of  0.25%. A standard charge of 0.35% per year will apply after March 2015 on the first £50,000. Investments in excess of this will then be charged the reduced rate of 0.25%. Close Brothers AM chief executive Martin Andrew said: "We've structured our pricing to be as simple as possible, competitive in the market place, and to offer real value for money in terms of total cost for clients opting to use our platform." Investors will not be charged to switch between funds on the platform ...