AJ Bell’s adviser platform Investcentre has axed or cut several custody charges on its platform and is increasing the amount of interest paid on clients’ cash.

Pension savers could be left more than £70,000 poorer in retirement due to overlooking charges when they transfer their pension pots, provider People’s Partnership has warned.

National Chartered Financial Planning-focused firm Fairstone has revamped its client charging structure and cut its ongoing charge for standard clients by 20 basis points to 0.8%.

Platform Transact has axed a number of fees after reporting a rise in funds under direction to a record £55bn.