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Commfreefunds

bigadaj
bigadaj Posts: 11,531 Forumite
Ninth Anniversary 10,000 Posts Name Dropper
in Savings & investments
Foes anyone use the above for holding funds, and if so ay good or bad experiences. I currently hold funds throng chart well and these guys currently rebate more commission, they charge a fiver a month.

Also any thoughts whether that fee is enough for them post rdr, or whether it is likely fees would rise.

Thanks

Comments

  • dunstonh
    dunstonh Posts: 120,008 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    Seems pretty pointless now as trail is gone in 5 months and you get 100% back instead of 60% back.

    They are also using bundled platforms and are not rebating the platform charge.
    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.
  • bigadaj
    bigadaj Posts: 11,531 Forumite
    Ninth Anniversary 10,000 Posts Name Dropper
    dunstonh wrote: »
    Seems pretty pointless now as trail is gone in 5 months and you get 100% back instead of 60% back.

    They are also using bundled platforms and are not rebating the platform charge.

    Thanks for that, I though the ability to rebate was staying in place for existing investments, obviously not. Need to do some more research.
  • dunstonh
    dunstonh Posts: 120,008 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    bigadaj wrote: »
    Thanks for that, I though the ability to rebate was staying in place for existing investments, obviously not. Need to do some more research.

    It will stay in place for existing. However, why would you want to stay in place and get 60% back when you know you can get 100% back by changing it?
    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.
This discussion has been closed.
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