As platforms and fund houses continue to wrangle over basis points, Rebecca Jones investigates whether advisers, too, can secure better terms for their clients.
As the financial industry continues to grapple with the Retail Distribution Review (RDR) and its effect on provider and fund pricing, cost has seemingly become king. The current pricing tug-of-war between platforms and fund houses exemplifies this new order, where clawing back a basis point or two is top priority. Accordingly, many advisers are becoming interested in securing pricing terms of their own. However, it seems the possibility of negotiating lower fees for clients is far less clear for some than it is for others. Can you do it? The biggest obstacle facing an adviser curren...
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