Schroders Personal Wealth looks to undercut rivals with low fees - reports
Planning to charge less than half the fees of SJP
SPW to start price war
Schroders Personal Wealth (SPW) is set to start a price war with wealth management rivals such as St. James’s Place, pledging to charge clients less than half the price of their biggest rivals, according to reports.
The new aggressive pricing strategy comes as the wealth management joint venture between Schroders and Lloyds Banking Group looks to challenge the big names in the UK financial advice market. According...
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