James Hay reviews 2017 platform charges

In an interim management statement, the group said it was undertaking the assessment "to ensure we continue to provide a safe and secure service for our clients, as well as an appropriate return for shareholders". The group also revealed James Hay's assets under administration (AUA) increased by more than £2bn - from £19.5bn in December 2015 to £21.9bn as of 31 October 2016. It added this increase in AUA had been accomplished despite not achieving the growth in client numbers it had previously projected. However, the group also said it expected the the drop in the UK base rate to impac...