Ascentric looking at fully inclusive annual charge

Scott, Tracey
August 2009
Money Marketing;8/6/2009, p3
The article reports on the plan of Ascentric to introduce an annual platform charge for all trading costs alongside with its existing pay per trade option in Great Britain. The company which currently charges 0.25 per cent annual fee, is investigating its charging options and initially suggested a 0.35 increase, however, advisers rejected the idea. Dominic Ventham, head of marketing, reveals that they are looking for a higher charge that will include all trade.


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