AJ Bell has further cut fees across its six passive multi-asset funds following a number of cost savings it has made as a result of the products growing in size.
The six funds have seen their ongoing charges figures (OCFs) capped at 0.35%, down from the 0.5% OCF established when they launched in May 2017. The funds' annual management charge is fixed at 0.15%,...
Compared to 6% of 55-64 years olds
Sam Gold and Doug Abbott to take reins
Bionic advice for private clients
Creates £11bn asset management business