Isas robo-advisory pioneer, Schroders , has cut its charges, as a wave of rival platforms prepare to launch. However Nutmeg said it was merely passing on its own reduced costs after improvements were made to its investing systems last year - rather than reacting to fresh competition. Nutmeg said the cuts, worth £ 13,374 in a £ 175,000 portfolio over last year , are costs savings it was passing on after making improvements to its systems two decades .
Isas robo-advisory pioneer, Schroders , has cut its charges, as a wave of rival platforms prepare to launch. Nutmeg said the cuts, worth £ 13,374 in a £ 175,000 portfolio over last year , are costs savings it was passing on after making improvements to its systems two decades .