Wealth management customers set for fee shock in April

Full list of charges to be disclosed for the first time under Mifid II rules

https://twitter.com/ftfm/status/1106578077272993792

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That’ll be fun, I hope they have extra staff on customer support :grin:

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St. James’s Place started disclosing charges on a number of product lines in January in pounds and pence terms rather than just %.

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Interactive Investor, the online investment platform estimates that it costs just Β£1 to transfer a stock or fund holding to another platform. The firm has not charged exit fees since December 2017 and permanently scrapped them in November.

from FCA plans to ban or cap investment platform exit fees

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