Hargreaves Lansdown "playing hardball"

hyposmurf

cepheus wrote: »

I'm not sure if anyone has linked this comparison site yet, from the renewed Telegraph article

Compare Fund Platforms

seems Interactive Investor comes out best for me. The other issue before anyone changes platforms with more than 50k, is financial security, i.e. are the funds ring fenced?

Thanks I've seen that before though.But take a look at the bottom right of the page:

Hargreaves Lansdown Refused to send data

So unable to use it for HL which is pretty annoying.

jimjames

guitarman001 wrote: »

*** it, I've only got £3-5k in the ISA. I'll keep it there for the year until the dust settles. Ridiculous charges on large holdings, though!!

For that, the difference between them all will be pretty small anyway.

Looked at some numbers for SIPPs today, it looks like the new HL pricing may undercut the group pension at work if the 0.06% trackers are available in the HL SIPP. Not sure if that is an endorsement of HL or an indictment of the group plan!

Totton

hyposmurf wrote: »

Thanks I've seen that before though.But take a look at the bottom right of the page:

Hargreaves Lansdown Refused to send data

So unable to use it for HL which is pretty annoying.

Annoying perhaps but not really HL's fault. HL made the data available on their website but Compare Fund Platforms didn't want to do the work and collate it, they wanted the work doing for them by HL. A bit like asking asking Sainsbury's to collect your shopping from Tesco - why would they?

jamesd

Well, it's a little slow for one person to do it fund by fund and so far as I know there is no way to get it all at once, with HL refusing to provide me with it when I asked. However, I've gathered it for over a hundred funds and posted it here already so it does seem possible for people to consider working together to gather the data.

cepheus

How does Hargreaves' pricing stack up against its rivals?

http://www.yourmoney.com/your-money/news/2323026/how-does-hargreaves-pricing-stack-up-against-its-rivals

hyposmurf

Totton wrote: »

Annoying perhaps but not really HL's fault. HL made the data available on their website but Compare Fund Platforms didn't want to do the work and collate it, they wanted the work doing for them by HL. A bit like asking asking Sainsbury's to collect your shopping from Tesco - why would they?

So the other providers that are on the comparison tool did the work for comparison site?

cepheus

There is another comparison here including the fund transaction fee.

http://www.ft.com/cms/s/0/c85ed996-7d10-11e3-81dd-00144feabdc0.html#ixzz2qdnI0BNe

jamesd

This Google search will provide a link that should show the FT story. Some may need to use a browser's private browsing feature also.

koru

cepheus wrote: »

There is another comparison here including the fund transaction fee.

http://www.ft.com/cms/s/0/c85ed996-7d10-11e3-81dd-00144feabdc0.html#ixzz2qdnI0BNe

Thanks. They have the Youinvest charge wrong, at 0.2% per quarter. Should be 0.2% pa, capped at £50 per quarter.

koru

Another thread has revealed that Interactive Investor have said they have no intention to raise their fees:
http://forums.moneysavingexpert.com/showpost.php?p=64404404&postcount=10