Charles Stanley Direct hikes platform fee to cope with pace of digital change

Rise to come in next month

Laura Dew
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Charles Stanley Direct's fees are expected to come into force from 10 September
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Charles Stanley Direct's fees are expected to come into force from 10 September

Charles Stanley Direct, considered among the cheapest providers in the market, is to increase its platform fee from 0.25% to 0.35% as a result of growing costs related to digitalisation.

The increased fees are expected to come into force from Monday 10 September on both fund and share holdings. Its platform charge for the first £250,000 of funds will be 0.35% per annum, falling to 0.20%...

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