Stocks and shares ISA's for whole family- advice please!

Neverland

earthlover wrote: »

I was looking at the Cavendish Online pdf for 'DoingBusiness with Fidelity FundNetworks' and noticed this in the 'Charges' section:
Fund manager registration fee:

[FONT=NeuzeitGro,NeuzeitGro][FONT=NeuzeitGro,NeuzeitGro]We receive an annual fund registration fee from fund managers in respect of each fund offered on Fidelity FundsNetwork. This is to cover certain administration costs. The amount may vary but is typically £600 per fund, per year. [/FONT][/FONT]

Do they take £600 pounds out of every fund you buy every year? Is this normal for all the online brokers?

I *think* thats £600 per fund from Fidelity regardless of the number of their customers who hold units

Charging structures vary a lot at the low cost execution only end - you need to shop around after parking the ISA funds with a provider with no or very low set-up and transfer fees

earthlover

I wonder if it may be the fee FundNetworks gets from the Fund Manager for offering the fund?