As debate around the pricing of preferential funds on a number of platforms continues, Terry Huddart delves into the findings of a recent study into the hot topic...
Examining preferential fund pricing in the platform market, otherwise known as 'superclean' funds, was the subject of a report recently commissioned by Nucleus and published last month by financial consultancy the lang cat. With so much white noise surrounding superclean funds, the study, All coming out in the wash: untangling total cost of ownership, examines the implications on both the adviser and the client of using these funds. The report describes how the savings offered by superclean funds, in the context of total cost of ownership (the total cost a client pays for investments...
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