Nearly 50% of the UK's adviser community wants platforms to carry out bulk switches to clean share classes for their clients, research from FundsNetwork has discovered.
Next year will bring the realisation that super clean is not so super, predicts Fidelity FundsNetwork.
Fidelity Worldwide Investment has secured the lowest cost share class deals available from the vast majority of its major fund partners after groups signed up to its Access programme.
Cofunds was the largest UK adviser platform in Q3, in terms of assets under administration (AUA), and has since become the first £60bn fund platform in the UK.
Fidelity's FundsNetwork platform is to offer all new unwrapped investments, ISA, and pensions through clean share classes only by the end of the year.
Fidelity FundsNetwork has assured advisers it has no plans to switch off trail commission before the 2016 deadline.