Charles Stanley Direct has launched bundled fund calculator, which will show difference between investing in clean and bundled funds.
The calculator launched by Charles Stanley Direct will need investors to input their current annual management charge, initial investment amount, anticipated annual growth and the length of time they have been invested.
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The calculator will also ask clients to put the loyalty bonus, which has been given by their current direct platform.
This calculator will show what returns they would get under their current deal and what they would get in clean pricing through Charles Stanley.
Charles Stanley Direct head Rob Hudson says: "We are hearing more and more about the death of the old direct platforms and discount broker model where large commissions were retained in exchange for small cash-backs or loyalty bonuses. We wish to support the learning process that many investors will need to go through, and are hence delighted with our latest online features."
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