Parmenion announced it was making a range of pricing changes back in September.

These changes have now come into effect, and are reflected in Platform Analyser.

To recap, the new charges are as follows:

- The annual DFM charge for Parmenion Investment Management (PIM) active solutions has fallen to 0.24%.

- An annual DFM charge on passive solutions of 0.12% (the first time a charge has applied on its passive investments since the range launched in 2007).

- A quarterly Parmenion Sipp charge of £18 + VAT.

- A dealing charge on purchases in fund switches and rebalances across all PIM solutions of 0.45%.

- A minimum monthly custody charge of £5 per client. All other custody fees remain the same.