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Selestia introduces new charging structure

Selestia is replacing its existing pricing structure, which is effectively a percentage of client’s assets under management, with an explicit annual fee.
From 1 April 2005, Selestia will levy a 75 annual fee per client, as opposed to the existing circa 25 basis point levy on their funds under management.
At the same time, advisers will be able to nominate the level of renewal commission they wish to take, which will support fee based advisers.

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