fees

Average total costs only falling 4 bps, NextWealth finds

Reduction starting from 1 February

38% have already made model switches with more likely to follow

Wealth manager’s MPS added to Aegon’s and Nucleus’ platforms

Leader on consolidation: ‘You don’t know what you’re buying’

Assets under management climb to £113.8bn

London Stone Securities can no longer undertake any regulated activity

Group will take an evidence-based approach, FitzPatrick says

Consolidator has done this in light of Consumer Duty requirements

Further £18m