On our previous platform the initial fee for regular investments was taken from the regular contribution before investment and was intrinsically linked to that investment. On the new system, the regular initial adviser fee is not directly linked to the regular investment and is deducted separately on the account anniversary.
For migrated accounts, to ensure this fee is only deducted once a regular investment has been made, the first of these fee payments will only begin after the first Direct Debit has been collected on the new system.