Platforms are racing to update their conversion programmes as advisers complain about hefty charges when switching clients into clean share classes.
A number of platforms currently impose a spread between the ‘bid’ price and the ‘creation’ price of the new clean share class when selling bundled dual-priced funds, despite no transaction of shares taking place....
Claim from SocGen's global markets division
Third annual Hampton-Alexander review
European Commission yields to pressure
Numbers in Adviserland
Retirement sector trends