How advisers can use higher interest rates to offset platform charges

Platform charges have been a topic of much debate for many years but it seems that now, with inflation a key economic issue and rising interest rates, investors and advisers are starting to turn their sights on better value for money. With the Financial Conduct Authority's (FCA) Consumer Duty rules kicking in last month, specifically focused on addressing the issue of fair value for customers, value propositions and fees will likely remain under scrutiny for some time to come. For platforms in particular, Consumer Duty rules state that firms must set fair value charges for using the p...