Nutmeg to cut fees and launch low cost products
As competition intensifies
Robo-adviser Nutmeg is to cut fees and launch a new range of low-cost products next week in order to attract more customers.
From Monday annual fees on the platform's ready-made investment portfolios will drop to 0.35% from 0.5% for investors with more than £100,000, the FT reported. The move will apply to existing customers...
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