Fidelity vs Cavendish Online

Tedmaul_2

Well i have logged in using the fidelity portal instead of cavendish but still can't see any link to a profit/loss page.

greenglide

Towards the top of the screen is a line containing

Total portfolio View all account details | View total return details

Total return details is Profit and loss.

Also available under "Analyse your investment" option.

Unless the data shown is different for Cavendish accounts?

Dird

chucknorris wrote: »

- We are at least £7k a year better off

If that were true then you made a pretty bad decision going with HL

whats

For SIPP (and probably ISA) ETF/IT are capped at £45 if direct with FID. But not with Cavendish, or so they told me 4 months ago.
Also £0 cost for ETF/IT in an investment account, which probably wouldn't be the case with Cavendish.

Like others I have some accounts with Cavendish and some direct. No way you can tell via the web interface, but if you msg FID they can tell you.

chucknorris

Dird wrote: »

If that were true then you made a pretty bad decision going with HL

What are you talking about? If you meant bad decision to originally invest at Fidelity, that is not the case, because back then it wasn't as cheap to invest in ETF's like it is now. The £7k saving was not so much to do with moving from Fidelity, it was mainly switching to ETF's, which Fidelity also offers, but they charge 0.1% (so £100 on £100k), whereas HL charge £11.95 per deal. As we tend to buy and sell in large amounts, it is cheaper at HL.

Our main issue with Fidelity was the misinformation that we were continually given by them on the telephone, it was beyond a joke, they did compensate us a few times, but that wasn't the point.

Dird

chucknorris wrote: »

What are you talking about?

If you have such a huge pot where 0.1% reduction means £7k savings then surely ii/another £-based platform would be far better than HL?

chucknorris

Dird wrote: »

If you have such a huge pot where 0.1% reduction means £7k savings then surely ii/another £-based platform would be far better than HL?

Read my post again, that isn't what I said. The £7k saving comes mainly from switching out of funds to ETF's (it just happens to be from Fidelity to HL, the saving would probably be similar with other providers). The saving between Fidelity and HL fees on ETF's (to us) is only in the £100's, but that will increase as we dispose of property and invest the equity.