No. There will be no changes to the rates we charge your clients. The deduction of fees and charges will occur on a single day within the month based on the anniversary date of the first account that your client opened with us, or the anniversary of the account itself where an adviser regular initial fee is being taken.
Where your clients’ charges are currently funded by deductions from specific assets or from the largest fund your client holds, after migration these will now be funded by deducting units proportionately across your client’s investments.
For financial advisers only