Standard Life matches Hargreaves with average 53bps on discounted funds


Standard Life has secured discounts from 12 external fund groups across 291 clean funds, equivalent to an average AMC discount of 13bps.

Standard Life says the average discounted clean fund annual management charge (AMC) is 53bps - in line with the average discounted AMC obtained by Hargreaves Lansdown for its Wealth 150+ list. BlackRock, Invesco Perpetual, Old Mutual Global Investors and Liontrust have joined Investec Asset Management, Neptune, Schroders, Threadneedle and Standard Life Investments in agreeing to create preferential ‘super clean' share classes, accounting for 31% of platform assets or £6.2bn. Absent from the original super clean list, which was unveiled in September, is Henderson Global Investors which...

To continue reading this article...

Join Professional Adviser

  • 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.



Already a Professional Adviser member?


More on Wrap/platforms

Tough third quarter for platform industry, data shows

Tough third quarter for platform industry, data shows

Economic instability is hurting investor confidence, experts say

Julia Bahr
clock 10 November 2022 • 3 min read
Alex Cowan-Sanluis: The five-stage hierarchy of platform services

Exploring the five-stage hierarchy of platform services

Platform market change sees more consistent tech-driven customer propositions

Alex Cowan-Sanluis
clock 12 October 2022 • 4 min read
Advisers scale back platform usage, reveals research

Advisers scale back platform usage, reveals research

‘Platforms may be in for a bumpy ride over the next few months’

Ayesha Venkataraman
clock 11 October 2022 • 2 min read