Efficient from 1 April 2024, the platform lowered custody fees for belongings above £500,000 – any belongings under the brink will proceed paying 0.2% a 12 months.
For belongings between £500,000 and £1m, fees will drop from 0.2% to 0.175%. Expenses for belongings between £1m and £15m will stay the identical at 0.15%; whereas these between £1.5m and £2m may have fees minimize from 0.1% to 0.075% and belongings above £2m pays no fees in any way.
AJ Bell platform belongings hit document £76.2bn as inflows soar 62%
The platform additionally elevated rates of interest paid on money balances.
Any money as much as £10,00…
