Nucleus' Neilson: DFM platform fees set to come under pressure
Fees charged by discretionary fund managers to platforms are set to face the same downwards pressure being seen elsewhere in the industry, Nucleus business development director Barry Neilson has predicted.
The number of DFM services available on platforms has ballooned in the past 12-18 months, according to analysis by Defaqto, in keeping with the trend for more advisers to outsource their investment decisions....
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