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Munnypot
studentsaver_88
Posts: 79 Forumite
The seem to offer a fairly simple savings and investments advice, however has anyone used them?
What does the forum think about the fees?
https://www.munnypot.com
Thanks in advance,
What does the forum think about the fees?
https://www.munnypot.com
Thanks in advance,
0
Comments
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The seem to offer a fairly simple savings and investments advice, however has anyone used them?
They are not offering advice in the same way an adviser would. They offer pre-built portfolios with limited robo-advice. Ideal with small investors where using a full advice service is not needed.What does the forum think about the fees?
For a small DIY investor, not bad.
£10000 has 0.11% provider charge, 0.22% fund charge for Vanguard) and £4.17pm. It is a cut down offering with limited choice but if you are happy with the choice, then its a cheaper way to do it. If you never plan to control your own investments or broaden your knowledge then its fine. If you do, then you are hit with limitations.I am an Independent Financial Adviser (IFA). The comments I make are just my opinion and are for discussion purposes only. They are not financial advice and you should not treat them as such. If you feel an area discussed may be relevant to you, then please seek advice from an Independent Financial Adviser local to you.0 -
So in essence its a cheaper Nutmeg then?0
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