Abrdn announces reduced platform fees and simplified charging structure after platform upgrade.
Abrdn, a global investment management group, has announced reduced platform fees and a simplified charging structure, following the implementation of the firm's platform upgrade last year. The changes include a 5bp+ reduction at all tiers up to £1m, a 15bp reduction between £500,000 and £750,000, a simplified platform charging structure with one less tier, and the removal of the product administration charge on Wrap SIPP. The new wrap platform charges will come into effect from 1st May 2024.
May 20, 2024
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