Out of the market: Which platforms offer pre-funding?

What is investment pre-funding and which of your preferred platforms offer it?

If the last six years have taught investors anything, it is that time out of the market is not necessarily a bad thing, but it can prove costly...

Platform pre-funding involves a platform using its own balance sheet to put a client straight in to the market when they transfer over from another provider. On platforms that do not pre-fund, time out of the market can be exactly what investors face. According to research conducted by the lang cat and shared exclusively with Professional Adviser, a £250,000 fund switch (assuming markets are rising at 7% per year) can cost an investor as much as £192 if done via a platform that does not pre-fund for rebalancing. That is because it may take as long as four days for the switch to be ...