The real price of a platform: Current charges signal future intent

Any adviser could be forgiven for feeling their head is spinning, faced with the diverse range of charging structures that the 30-odd platforms operating in the UK have unveiled over the past two years. Now the burden is on each firm to determine which of these propositions is likely to be most appropriate (and most acceptable) to their various client segments. Due diligence is important and not just because it is a regulatory requirement – it is also important as it is the client who now directly shoulders the cost of platform administration. In addition, every advisory firm needs...