D2C platforms under fire over 'punitive' exit fees

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Investors wishing to move from direct-to-consumer to adviser platforms face "punitive" exit fees, according to analysis by the lang cat.

Close to half of the D2C platforms researched by the platform consultancy charged some form of exit fee for ISA transfers, while 87% did so for self-invested personal pensions (SIPPs). More than ha...

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