Sippdeal now offers ISA and dealing accounts

bigsy

Thanks for that. Is this the full range of Vanguard funds that Sippdeal offer or are they only the ones you asked about?

It looks like for monthly purchase of Vanguard funds in an ISA it may still be cheaper to use Alliance Trust Savings (£1.50/trade) even with their annual fee of £25+VAT for new accounts.

psychic_teabag

ISTR the AT annual fee includes two "free" transactions - usually £12.50 each. Not sure if they take two £1.50 trades as your free ones, though.

geoffgeofftygeoff

bigsy wrote: »

Thanks for that. Is this the full range of Vanguard funds that Sippdeal offer or are they only the ones you asked about? ...QUOTE]

These are the only ones I asked about. I would also be interested in any other funds. Is this the full list? https://www.vanguard.co.uk/uk/portal/Funds/funds-and-documents.jsp

geoffgeofftygeoff

I just received a response (they are quick) clarifying how the custody charge works:

Dear ggg
Thank you for your response.
The £12.50 is per quarter across all funds per account.
It would be £12.50 each for the SIPP, ISA and dealing account. Provided that you have such accounts and that they hold the qualifying securities. i.e. possibly £37.50 per quarter across all accounts.
Please do not hesitate to contact us if you have any further questions.
Yours sincerely
FirstName LastName
Dealing Services Team

I might try a detailed comparison of Sippdeal and Alliance Trust assuming you have an ISA and SIPP account with Vanguard funds in both...

bigsy

geoffgeofftygeoff wrote: »

I would also be interested in any other funds. Is this the full list? https://www.vanguard.co.uk/uk/portal/Funds/funds-and-documents.jsp

Yes, I believe this is the full list. Alliance Trust definitely carry all those, including the two new UK Gilt indexes that aren't mentioned in their current (Dec 2010) list of funds (http://www.alliancetrustsavings.co.uk/pdf/list-of-funds.pdf).