Award for platform charges clarity given to 'nobody'

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An award for the direct platform offering the most transparent and plain-English charges, terms and conditions has no recipient for the second year running.

Announcing the winners of its Direct Platform Awards 2015, consultancy and research business the lang cat revealed Best for Clarity had been won by "nobody". "We spent ages looking at this," the company said. "We wanted total clarity and simplicity around charges, and also a set of terms and conditions that someone who wasn't a QC could understand. We wanted no stupid restrictions and also an intuitive web service. We didn't find one. Not a single one." The awards form part of the lang cat's second guide to direct platform investing - Come and have a go too - which is aimed at investo...

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