Advisers will charge 0.75% to 1% per annum in annual management charges post-RDR, a Schroders' survey has revealed.

In its investment survey of 224 advisers, conducted in November, 33.2% of advisers stated that they would charge 0.75% per annum post-RDR, while the same number will charge 1%. Almost 27% will charge 0.5% and 7% of respondents will charge more than 1%.

The survey found that although passive investment use remains relatively low, with 57.9% of respondents only using up to 10% of passive funds, 41% expect this passive investment use figure to rise to 11-25% and 33% expect it to rise even further, to 26-50%.

However, 88.8% stated that they would use active funds over passive funds if fees for both were the same or similar.

Also, according to the survey, 69% of advisers currently use two to three platforms, yet 71.2% expect there to be a decrease in the number of platforms in the next three to five years.

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