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Evening Standard

Vicky Shaw

HSBC UK cuts financial advice fee to 1% for Premier customers

HSBC UK Premier United States Selfridges

HSBC UK is reducing its financial advice fee for Premier customers as part of a promotion the bank is running until the end of the year.

It will charge a fee of 1% (or a £960 minimum charge) for those taking advice. Previously, it charged 2.75% in the majority of cases, with some variations.

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