Fidelity vs Cavendish Online

talexuser

I think you've answered your own question. The 0.05% is calculated from prices on the 11th of the month, and I think the units are then sold on the 15th or somewhat (from memory).

The only tiny downside is you have to update your record of largest holding units every month. Personally I opened a cashmanager account with Fidelity so Cavendish take their fees out of that rather than lose units, but Fidelity still sell units for their 0.2% in the meantime.

brick

brick wrote: »

I've just changed agency to Cavendish and my individual ISAs have not been amalgamated. Well, not yet anyway.

Update (having just logged on to Fidelity for first time in a few months) - my individual ISAs *have* since been amalgamated.

Not what I would have wanted, but presumably nothing I can do about it.

jabbahut40

Hi,


I am currently a fundsnetwork customer and have around £40K in S&S ISA on the fidelity platform through several years of contributions. From reading this thread its looks like a compelling case to transfer to Cavendish as their fees are lower (0.25% compared to fidelity 0.35%) and its looks like they both use the same platform.


Are there any negatives to using Cavendish instead of fidelity? I'm struggling to see any and would appreciate thoughts from others who may have already transferred?


Thanks,


Jabba

talexuser

If you read the thread there is no real reason not to get the saving, except the difference in website info. However when I was with Cavendish I found that by deleting the cookie I could log in direct to Fidelity with the same details to get their further info, I don't know if this is still the case because since then I have moved from Cavendish to Fidelity direct. If you want profit/loss detail you could just use Trustnet or similar site to input your starting investments and monitor each fund performance individually.

MARTYM8`

Am also interested in switching.

Does this mean you also get exempt from the £45 investor fee which Fidelity charge as well?

talexuser

.......yes

jabbahut40

Thanks. Sounds like a no brainer....

Tedmaul_2

Is the profit/loss page accessible still on either fidelity or Cavendish? i can't seem to find it.

greenglide

Fidelity link to it from their log in page as always.

Profit and loss data has never been available for pension investments though, only for ISA and, I assume, unwrapped investments.

chucknorris

For us it was a no brainer to move from fidelity funds to HL etfs:

- no more amateurs giving misinformation on the telephone
- much cheaper fees
- no more 'must be priced at 12 noon'
- We are at least £7k a year better off (although that is more to do with ETF's v funds than moving from Fidelity).