Advisers could lose thousands of pounds in probate fees as platform funds are being converted to clean share classes, which don't support ongoing trail payments upon client death.
An adviser, who did not want to be named, warned advisers could lose between £2,500 and £5,000 for clients invested in clean funds on platforms, which will see ongoing adviser payments cancelled with immediate...
‘Gareth Southgate Wealth Management’
Questions raised over govt role in dashboard
PA Awards deadline is 28 September