Hargreaves Lansdown Vantage Stocks & Shares ISA

jamesd

If you need to circumvent the £250 limit for something just sell a little of something else. Say a four way split you could put all of the money into one of the four then sell three quarters worth and split it three ways into the others. This is also useful to get a minimal amount in a fund so you can top up with £250 instead of having to start out with £1,000.

mr_fishbulb

If you get issues like this in future, just phone them up - they are very helpful.

gadgetmind

Aegis wrote: »

annual discounts no longer apply for fund holdings less than £1,000, so you'll be paying full retail AMC on your portfolio until you build up the value a bit.

At least they publicised this quite well. It's still a bit scummy, as is keeping the full 0.5% in a SIPP, but they do at least tell you.

I would *never* hold funds in a HL SIPP, or sub £1k in a fund in a HL ISA, as adding 0.5% to all the other charges is adding insult to injury.

Fortunately, they are still fairly reasonable regards max caps for holding shares including ITs in ISAs and SIPPs, and positively generous regards HSBC trackers and certain specific bond funds.

jonny2510

Sliightly off topic, but can you make a one off payment (sub £1000) by setting up a regular investment for the amount you want, and then cancelling it after it has executed?

gadgetmind

jonny2510 wrote: »

Sliightly off topic, but can you make a one off payment (sub £1000) by setting up a regular investment for the amount you want, and then cancelling it after it has executed?

I've never done it but many people say that they have done exactly this.

Lokolo

Yes, my Aberdeen Emerging Markets is only £300 over 6 months. I then stopped because I ran out of money

Mikeyorks

jonny2510 wrote: »

Sliightly off topic, but can you make a one off payment (sub £1000) by setting up a regular investment for the amount you want, and then cancelling it after it has executed?

Yes - if you're wanting to split the £1k between Funds? If all into one Fund then it's easier by Debit Card. Not least in that you can get the purchase under way immediately .... you don't have to wait until HL have cleared funds.

Micky_Mouse

No need to cancel the regular investment completely. In the event that you may wish to add more at a later date, you can simply amend the next monthly payment to zero and the plan will then be suspended with no further money taken.

I believe that HL keep the direct debit instruction open for 12 months in the event of you making no further contributions.