View more on these topics

New fund platform launches

JPJShare.com has launched a direct-to-consumer fund platform for investors, aiming to take on other providers in the competitive sector.

The execution-only stockbrokers will offer investors access to more than 2,000 funds, of which more than 80 per cent will charge no initial fee.

The platform will also rebate annually, to both new and existing fund investors, with trail commission of 0.25 per cent, from an estimated total trail commission of 0.5 per cent.

JPJShare.com will also cap its share of trail commission at £500.

Brian Gould, the chief executive of JPJShare.com, says its new platform has “parked on the lawns” of firms that it considers do not offer a fair deal to customers.

He says: “We believe in charging our customers a fair price for all the services we provide.”

Recommended

1

CIO group set up to influence investment industry

A CIO group called 300 Club, made up of ten CIO members, has been set up to push for action on the fundamentals of the investment industry and investing. The group includes Schroders’ Alan Brown, Royal London Asset Management’s Robert Talbut, BNP Paribas Investment Partners’ William De Vijlder, Société Générale’s Dylan Grice, Kempen Capital Management’s Lars […]

Passport - thumbnail

Thinking of expanding overseas?

Whether you’re a small company or an established larger employer, expanding overseas into emerging markets can be an extremely attractive prospect for growing your business. However, with this comes a duty-of-care requirement to any staff based overseas.

Newsletter

News and expert analysis straight to your inbox

Sign up

Comments

There is one comment at the moment, we would love to hear your opinion too.

  1. I’m all in favor of direct to consumer platforms.
    The adviser gives advice and charges for that advice. The client then deals direct with the platform.

    £500 pa for Ex only however seems far too much and unlikely to be competitive post RDR

Leave a comment