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

Darius McDermott: Have megatrends changed the game?

Darius McDermott: Have megatrends changed the game?

'Disruptive forces are at work in the global economy'

Darius McDermott
clock 06 August 2026 • 5 min read
Technology cited as main barrier to private market access for advisers

Technology cited as main barrier to private market access for advisers

Follows Oliver Wyman’s and Clearstream’s private markets whitepaper

Sophia Panayi
clock 04 August 2026 • 3 min read
Ascot Lloyd links up with BlackRock for investment offering

Ascot Lloyd links up with BlackRock for investment offering

A move to a single investment provider

Isabel Baxter
clock 04 August 2026 • 2 min read