Hargreaves Sparks Platform Price War

Financial regulation and pressure from the Government to push down the cost of investing and has meant many fund platforms are reviewing their pricing structure

Emma Wall 15 January, 2014 | 3:52PM

Investment platforms are vying for consumers’ business – initiating investment savings to draw in new money. Hargreaves Lansdown, Britain’s largest retail investor platform, has today announced it is slashing the cost of investing in funds for hundreds of thousands of investors from March 1. This news was quickly followed by an announcement from Fidelity Fundsnetwork who said they will be revealing a new pricing model on January 22.

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Pressure from the Government to push down the cost of investing, and City regulation entitled Retail Distribution II, has meant many fund platforms are reviewing their pricing structure. 

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Emma Wall  is former Senior International Editor for Morningstar

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