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AFH to absorb platform fees

Consolidator AFH is to scrap platform fees for clients by the end of the year. The business will absorb the cost of platform fees itself. A spokesman says the firm has been able to negotiate lower platform fees as a result of its “growing purchasing power” and has already been passing on the benefit of […]

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Adrian Boulding: Robo key to advisers’ survival

Last month, the FCA released its findings from its review of automated advice providers. The results looked worrying for robos, with concerns flagged in the areas of suitability and fee disclosure, in particular. But while it is clear some online players need to do a much better job, robos more broadly are far from being run […]

The Merchants Trust PLC – April 2017

Welcome to the latest update for The Merchants Trust PLC from the Trust’s portfolio manager, Simon Gergel. Portfolio Review The Merchants Trust reported results this month and the directors were pleased to announce a 35th consecutive year of dividend growth (subject to shareholder approval at the AGM). The Company is proud to be highlighted as […]

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