Cofunds has today announced its new unbundled charging structure which will launch around the middle of next year alongside the bundled model. But is the supermarket offering a good deal for clients?
Cofunds Cofunds has revealed its new unbundled charging structure made up of a £40 annual charge and a sliding scale rate card with charges ranging from 0.29% to 0.15%. Investors with assets worth up to £100,000 will be charged 0.29%; between £100,001 and £250,000 this falls to 0.26%; between £250,001 and £500,000 at 0.23%, between £500,001 and £1m the charge will be 0.2% and over £1m the charge will be 0.15%. Ascentric Annual platform charges of £60 + 0.15% for funds up to £60,000, 0.25% on balances between £60,000 and £1m, 0.10% on balances between £1m and £3m and further disc...
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