Abrdn Adviser has removed and lowered several charges on its Wrap platform for advisers.
From today, (17 February) the Wrap platform's product administration charge for self-invested personal pensions (SIPP) and onshore bond products have been removed for all new and existing clients on its Wrap platform. Abrdn Adviser also confirmed the standard rate card platform charges will reduce for existing Wrap clients. The platform said that a "more simplified charging structure that offers value for all sizes of client portfolios" will mean that existing clients can benefit from the following: 5bps+ reduction at all tiers up to £1m. 15bps reduction between £500,000 and £...
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