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abrdn reduces platform fees and simplifies charging structure
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The changes include: 5bps+ reduction at all tiers up to £1m; 15bps reduction between £500,000 and £750,000; simplified platform charging with one less tier; and removed product administration charge on wrap self-invested personal pension. The wrap platform charges which came into effect from 1 May 2024 are: Old charge New charge £0 — £250,000 0.35% 0.30% £250,000 — £500,000 0.25% 0.20% £500,000 — £750,000 0.10% £750,000 — £1m 0.15% £1m+ 0.10% abrdn has scheduled applying the pricing c...
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