Iii

coyrls

JenniferK wrote: »

Personally I don't think the agro is worth it. After much frustration I transferred from iii to Youinvest. The difference in service is amazing.

Agreed. I've done the same.

joerugby

I haven't seen anything in this thread which would tempt me to transfer from HL to II. In fact quite the opposite

slinga

joerugby wrote: »

I haven't seen anything in this thread which would tempt me to transfer from HL to II. In fact quite the opposite

What about the fact that I would save GBP 1500 pa?????

slinga

coyrls wrote: »

Agreed. I've done the same.

Can I take it then that You Invest would be the preferred option of many posters on here???

Any downsides to YouInvest???

Allots

slinga wrote: »

Can I take it then that You Invest would be the preferred option of many posters on here???

Any downsides to YouInvest???

AJ Bell Youinvest is where I will be moving to. It has 18bn under management. They have recently upgraded their website and addressed some of the system issues raised by users. Neil Woodford's fund has recently invested £21 million in this company, and he's no fool!. It is a lot cheaper that HL. OK, II is the cheapest of the bunch (depending on the size of you Portfolio), but there is a serious 'time charge' to pay, as you will undoubtedly spend countless hours dealing with all their admin mistakes. I attach a link to the Lang Cat platform review which makes interesting reading.

http://langcatfinancial.co.uk/wp-content/uploads/2015/10/COME-AND-HAVE-A-GO-TOO-OCTOBER-2015-UPDATE.pdf

bigadaj

Allots wrote: »

AJ Bell Youinvest is where I will be moving to. It has 18bn under management. They have recently upgraded their website and addressed some of the system issues raised by users. Neil Woodford's fund has recently invested £21 million in this company, and he's no fool!. It is a lot cheaper that HL. OK, II is the cheapest of the bunch (depending on the size of you Portfolio), but there is a serious 'time charge' to pay, as you will undoubtedly spend countless hours dealing with all their admin mistakes. I attach a link to the Lang Cat platform review which makes interesting reading.

http://langcatfinancial.co.uk/wp-content/uploads/2015/10/COME-AND-HAVE-A-GO-TOO-OCTOBER-2015-UPDATE.pdf

Interesting stuff from Lang cat as ever.

They have taken a particular view on a portfolio which has its specific assumptions but what seems to jump out is the poor deal that many mid size investors get. There must be a lot of people with £50-£100k portfolios who are paying almost the same as those with a couple of grand in overcome tags terms at least, whereas when you get up to high six or seven figures the real discounts occur.

I may be conflating the analysis with fixed fee being translated as a percentage but it's a bit surprising to me this hasn't been picked up by one of the major platforms and exploited.

joerugby

Have you tried asking HL for a discount?

xylophone

I don't agree that they eventually get the admin right.

My account is finally (after many a secure message/letter) in order.

The transfer of cash from my Notice cash ISA has not gone smoothly but how much of the blame lies with II and how much with the other provider is difficult to establish - II maintain that it was only after they sent the request by recorded delivery (third time of asking....) that a response was received.

The other provider maintains that the third request was the only one they received but how would anyone know?

At all events, the transfer should take place at the end of this month --- we'll see.

I'm not dependent on receiving the dividends on time and the "service" certainly saves me money compared with what I would be paying to HL.

grey_gym_sock

slinga wrote: »

Can I take it then that You Invest would be the preferred option of many posters on here???

youinvest have been efficient for me. and they are a lot cheaper than HL if you have large amounts in funds - holding charges of 0.2% capped at £200 a year (the cap is per account), plus dealing fees.

OTOH, there are some providers who are cheaper than youinvest and aren't iii:

- halifax share dealing (or iweb, which is also provided by halifax)

- selftrade

- alliance trust savings

- the share centre

le_loup

xylophone wrote: »

My account is finally (after many a secure message/letter) in order.

............ and the "relative"?