Quilter’s pricing model has been designed to take into account the total cost of ownership (TCO) for a client. The elements of TCO are platform charge, the ongoing cost of fund (OCF), the adviser charge and any other service or transaction charges.
We have control over our Product/Service Charge and review this on a quarterly basis to ensure it is in line with market trends. The other element of TCO we can influence is the fund charge; we have a very flexible approach to fund pricing through the mechanism to pass on rebates and buying power to leading fund deals on behalf of your clients. We believe the market should not focus on headline platform price and place more emphasis on TCO. We strongly believe we have the right price levers to pull at the right time to address future downward pressure on pricing and deliver a competitive TCO for the client.