Aviva reduces AMC on its wrap

Aviva has reduced the platform charges for one year for all new business and re-registrations onto its wrap.

Aviva will be reducing the annual management charge for portfolios worth £125,000-£200,000 from 0.5 per cent to 0.3 per cent.

Other reductions apply to other investment sizes.

The moves comes after Aviva Wrap dropped its initial charges for new and existing customers in February.

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