FundsNetwork unveils unbundled pricing model

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Fidelity FundsNetwork has become the first supermarket to launch an unbundled pricing model.

The unbundled model, which sits alongside its existing bundled option, is priced with a flat rate of 0.25% platform fee and an annual £45 account fee. Last September, platform rival Cofunds unveiled the pricing structure of its unbundled charging model which is set for launch in the middle of this year. It included a £40 annual charge and a sliding scale platform fee ranging from 0.29% to 0.15%. But FundsNetwork has stolen a lead on its rival, becoming the first fund supermarket to launch an unbundled model. The platform can now accept unbundled share classes and has plans to add n...

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