Adviser platform Transact is cutting its annual commission charge from 0.27% to 0.26% from July.

VitalityInvest, the investment arm of Vitality, has introduced a 0.15% annual product charge with a charge cap on amounts invested above £200,000.

Savings and retirement provider Phoenix Wealth is to cap charges on some of its pension products from March.

Investment platform Parmenion is to introduce new charges to help cover the cost of work involved in selected products.