Aberdeen has rolled out new pricing for existing clients on Wrap following price changes for new clients brought in last year.
The platform announced in May 2024 that it was changing its charging structure with a cut of at least 0.05% to platform charges across the board, apart from assets between £500k and £700k, where the reduction was 0.15%.
It also simplified its structure with one less pricing tier.
These changes have now been brought in for existing Wrap clients with effect from 17 February 2025. The charges were applied to clients’ accounts for the first time on 5 March.
Aberdeen has also removed its product administration charge on the Wrap SIPP and Onshore Bond.
Changes like this mark a good opportunity to do a quick refresh of your due diligence, run a pricing comparison, or see how any preferential terms your firm has secured with Aberdeen Wrap stack up against the new standard pricing.
If you haven’t already, sign up for a free trial with Analyser.
