8 JUL 2019

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Good news for Ardan International customers – new pricing schedule introduced

We’ve made some important changes to our pricing schedule, which came into effect on 1 July 2019.

The changes affect the way we calculate and apply the Annual Management Charge, Dealing Fees and costs. They are designed to make the Ardan International proposition transparent, easier to use and more cost effective for you.

In summary the changes are:

Removed

The current minimum annual account fee of £200 has been removed. Instead, customers will now be charged a 0.4% annual account fee based on the valuation of the Client Portfolio Account.

Reduced and simplified

There is a new and reduced charging structure for dealing fees, including the Model Portfolio Service. The new charges for each trade are now:

  • Funds - £5 or currency equivalent
  • Listed securities and bonds at (major exchanges) - £25 or currency equivalent
  • Other securities (other exchanges) - £40 or currency equivalent
  • Structured Notes - £40 or currency equivalent

We have reduced the charge for money transfers out to £5 or currency equivalent (banks may also levy additional transfer costs that are outside of our control).

Other

All third party costs in relation to trading will be recharged.

Ardan International CEO Sarah Dunnage explained: “This is great news for our customers and advisers. Our proposition is designed to be transparent, simple to use and provide the best value for money to our customers. This new pricing schedule is easier to understand and will drive down even further the costs to use our Platform for all users.”

The changes also apply to existing customers, and they have been informed of the changes.

The new pricing schedule is available under the Adviser downloads section of the Ardan International website.

Where to go if you have a question about your charges

You should contact your financial adviser in the first instance.

Alternatively, you can contact our Customer Service Team by telephone on +44 (0)1624 638800 or e-mail hello@ardan-international.com.