Quilter's OMW simplifies prices ahead of re-platforming migration

Quilter platform Old Mutual Wealth has simplified its pricing structure to help clients save what it said would be "substantial" amounts each year. OMW has said its pricing structure will reduce from five charging tiers to four. While the first tier remains the same (see image below) at 0.50% for the first £25,000, the fourth tier charge starts at 0.15% for £750,000, rather than £1m. The pricing changes will be introduced from April 2020.  The platform also said it will launch family linking, which will allow investors from the same family to link their OMW assets together. Spousal ...