Abrdn Adviser makes trio of price reductions on Wrap platform

Moving towards a ‘more simplified charging structure’

Isabel Baxter
clock • 2 min read

Abrdn Adviser has removed and lowered several charges on its Wrap platform for advisers.

From today, (17 February) the Wrap platform's product administration charge for self-invested personal pensions (SIPP) and onshore bond products have been removed for all new and existing clients on its Wrap platform.  Abrdn Adviser also confirmed the standard rate card platform charges will reduce for existing Wrap clients. The platform said that a "more simplified charging structure that offers value for all sizes of client portfolios" will mean that existing clients can benefit from the following: 5bps+ reduction at all tiers up to £1m. 15bps reduction between £500,000 and £...

To continue reading this article...

Join Professional Adviser for free

  • 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

Join

 

Already a Professional Adviser member?

Login

More on Wrap/platforms

How does a Model B platform work and what are the differences with other models?

How does a Model B platform work and what are the differences with other models?

Mark Rendle explains how a 'Model B' platform works and how it differs from other models...

Mark Rendle
clock 09 July 2026 • 4 min read
Platform functionality: Beware change for change's sake

Platform functionality: Beware change for change's sake

'It's all too easy to end up in the realm of bolt-ons and fripperies'

Steve Andrews
clock 26 June 2026 • 4 min read
Most advice firms only 'somewhat satisfied' with platforms' data

Most advice firms only 'somewhat satisfied' with platforms' data

According to NextWealth’s Data Openness Report 2026

Sophia Panayi
clock 18 June 2026 • 2 min read