Parmenion removes initial fees to 'simplify' life for advisers
After client feedback
Parmenion has removed its initial fee and initial dealing charges for all new business and top-ups as of 1 November, the platform and integrated discretionary fund manager has said.
The Standard Aberdeen-owned platform, which said it had seen "record-breaking growth" over the last year as it hit £4bn assets under management, used to charge a 0.25% initial fee on new business and top-ups,...
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