Chris Bredin: How platforms are innovating

Five innovations

clock • 4 min read

By his own admission, most of Chris Bredin's articles in the past year have focused on negative aspects of the platform sector and so, having been back in the office for a couple of weeks, he has written about five 'cool' or genuinely helpful developments the market made in 2019...

Last year saw a fair number of pricing reductions, starting in January with AJ Bell removing its bulk dealing charges for model portfolios. It might seem a small reduction, but if you consider firms running advisory models and regularly rebalancing, even at £1 per trade, costs add up quickly.  Seven IM shaved a very small amount from its charges and Transact announced its now customary annual price reduction, shaving 1 or 2bps off its pricing tiers. But the gong must go to Standard Life Aberdeen, which cut prices across Elevate and Wrap. Prices were cut by as much as 11bps on Elevate ...

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 Investment

NextWealth MD Hopkins on staying ahead of advice sector changes, data challenges and flattening MPS fees

NextWealth MD Hopkins on staying ahead of advice sector changes, data challenges and flattening MPS fees

Making technology work better

Katrina Lloyd
clock 03 July 2025 • 9 min read
IFAs look to boost clients' private markets exposure

IFAs look to boost clients' private markets exposure

Expect increase in stock market volatility

Jen Frost
clock 02 July 2025 • 2 min read
Winds of change: Private markets access for retail investors

Winds of change: Private markets access for retail investors

Investing in LTAFs, accessibility aside, needs careful consideration

Dorian Hughes
clock 02 July 2025 • 5 min read