HL stocks and shares isa - investment advice
Comments
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Fair enough. To be fair it looks better than Virgin and is less than half the cost so I'm going in the right direction.
Can you change providers more than once in a year?
HL is a very good, user friendly platform and as you've found still way cheaper than Virgin.Remember the saying: if it looks too good to be true it almost certainly is.0 -
As your portfolio grows, as others have said, HL's 0.45% fee will start to be a little on the expensive side.
However, if you invest in shares, investment trusts or ETFs, the fee is capped at £45 for the year.0 -
Did you ever see an itemisation of the management charges? In the 5 years I had it, it never once showed up on the online history or paper statements..
I just had a look in my account and there is a breakdown of the monthly management charge (0.45% of the value of the funds). The ongoing charges for individual funds are harder to track as the fees are just reflected in the price of the unit.
At present I'm paying around £9 a month on a S&S ISA worth around £25,000.0 -
Did you ever see an itemisation of the management charges? In the 5 years I had it, it never once showed up on the online history or paper statements..Doshwaster wrote: »I just had a look in my account and there is a breakdown of the monthly management charge (0.45% of the value of the funds). The ongoing charges for individual funds are harder to track as the fees are just reflected in the price of the unit.
At present I'm paying around £9 a month on a S&S ISA worth around £25,000.
I think adonis10 was asking if you ever saw itemised management charges in the Virgin S&S ISA (not Hargreaves Lansdown):cool:0 -
I think adonis10 was asking if you ever saw itemised management charges in the Virgin S&S ISA (not Hargreaves Lansdown):cool:Remember the saying: if it looks too good to be true it almost certainly is.0
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Virgin funds were bundled pricing. Not unbundled.I am an Independent Financial Adviser (IFA). The comments I make are just my opinion and are for discussion purposes only. They are not financial advice and you should not treat them as such. If you feel an area discussed may be relevant to you, then please seek advice from an Independent Financial Adviser local to you.0
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As your portfolio grows, as others have said, HL's 0.45% fee will start to be a little on the expensive side.
However, if you invest in shares, investment trusts or ETFs, the fee is capped at £45 for the year.
It is capped at 45 for shares. What do you do that hl becomes expensive for you? Thanks0
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