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iWeb v Halifax Platforms
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According to Google, Hygiene Supplies Direct!!
:rotfl:0 -
iWeb certainly is but then it's saving me £500 plus per year and I signed up when it was £25 per account!
I've transferred to a sipp with iWeb as this avoids the account opening fee.
I also have an isa and unwrapped account with Halifax share dealing (HSD).
Very basic but all good for now, will be interesting to see if and when charges increase.0 -
I've transferred to a sipp with iWeb as this avoids the account opening fee.
I also have an isa and unwrapped account with Halifax share dealing (HSD).
Very basic but all good for now, will be interesting to see if and when charges increase.
Any reason to think Halifax and/or iWeb will increase charges? I will be switching to one or the other shortly. Probably Halifax.0 -
Does anyone have any experience of Halifax or iWeb for a £400K pension in drawdown? Promptness of payments, tax certificates etc0
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However a friend is using Fidelity and doesn't seem to have any grumbles on the promptness of payments side of things... I don't know that makes them 'the best for drawdown and SIPP', though, just that it works OK.0 -
Any reason to think Halifax and/or iWeb will increase charges? I will be switching to one or the other shortly. Probably Halifax.
The market is still fluid, and providers are still changing their offerings.
Nothing certain either way but they are pretty cheap for larger portfolios in funds with fewer transactions so they may amend their offering at some time, when and what the new charges might be we don't know.0 -
Any reason to think Halifax and/or iWeb will increase charges? I will be switching to one or the other shortly. Probably Halifax.
That said, if they were to increase fees ahead of inflation there would be a heck of a commotion and shouts of unfairness, not least from those who have paid the £200 IWeb account opening fee. That's not something I'd expect any business, especially a bank, to want. (Like jj, I opened my IWeb accounts when the fee was £25.)
It goes without saying that there's no "best account" that works for everyone. It depends on so many factors. The best tool for comparing costs is probably still the excellent spreadsheet by Snowman: http://forums.moneysavingexpert.com/showpost.php?p=64540489&postcount=15 . You may need to make further adjustments for some additional costs or rebates that some platforms have and others don't.
You won't know exactly how well a platform suits you until you open an account and try it for a while. There's always the option of using more than one platform to get the best value or facilities of each.
Edit: Link there seems to be out of date, spreadsheed is here...1 -
I've transferred to a sipp with iWeb as this avoids the account opening fee.
I also have an isa and unwrapped account with Halifax share dealing (HSD).
Very basic but all good for now, will be interesting to see if and when charges increase.
There is no account opening charge on iweb's SIPP only S&S ISA and the account opening fee can not be avoided by transferring in.0
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