Cost and Charges Statements Put Pressure on Charges
By Next Wealth | 05 July 2019 | 1 minute read
Cost and charges statements are prompting advisers to further push asset managers and platforms on cost. The ex-post reports were sent to most platform clients in April and May. In June we asked 94 advisers from a broad mix of firms if they are getting push back from clients as a result.
You can read an article we wrote for New Model Adviser about the research findings here. You can also download the full (though brief) results here.
About the Author
Heather is a data and research expert specialising in retail investment distribution. Heather is the Managing Director and Founder of NextWealth. She is also a Director of Clive Waller Consulting Ltd and serves as Vice-Chair ofĀ The Investment NetworkĀ and theĀ Schroders UK Platform Awards.
Related posts
Making sense of the AI landscape: the NextWealth AI Directory is live
Advisers keep telling us the same thing about AI: itā€™s exciting, but overwhelming. New tools appear daily. Every vendor promises time saved and better client outcomes. But how does it actually fit your stack? What will it cost in change management? And whoā€™s genuinely delivering value in advice firms like yours?Ā Thatā€™s why we have launched the NextWealth AI Directory. A practical, plain-English guide to the AI providers operating in the advice market.Ā