7IM overhauls pricing for HNW clients and family offices

Seven Investment Management (7IM) is to cut fees for investors with larger sums on its platform in a move which will make it a more competitively-priced platforms for high-net-worth clients and family groups. From 1 April, investors with between £2m and £5m on the 7IM platform will see their fees fall from 0.15% to 0.08% for the balance between £2m and £5m, while those with more than £5m will see fees drop from 0.15% to 0.05% for balances over £5m. The move ensures 7IM's award-winning platform will be one of the most keenly priced around, offering users real value for money. The fe...