Standard Life's pricing changes to its Elevate platform represent a "very heavy chop" and a challenge to the "established players", according to one market expert.
Standard Life said the revisions represent a "25% reduction" to its standard terms. Portfolios of £0-£149,999 dropped from 0.36% to 0.30%, for example, while portfolios of £150,000-£749,999 saw a reduction...
Equities overweight down to 3%
Relates to 136 million transaction reports
Patience must be a watchword
MSCI has recently increased the Chinese A-share market's inclusion factor from 5% to 20%.
Change of objective