Hargreaves Lansdown unbundled and inclusive units

shazkhan111

Hi

I have some holdings with HL that i am reviewing at the moment.

They have spoken to me about 'unbundled' and 'inclusive' units. They state in comms to me that in some instances (or holdings) the unbundled unit will be cheaper to hold and to save fees i should convert some of my holdings.

Looking at my holdings they do do a very clear comparison between unbundled and inclusive units. They look at the fees negotiated with the fund provider vs. loyalty from HL etc.

On the face of it it seems prudent to convert some of the units.

Does this make sense? Has anyone done it? Are there any disadvantages? Any other thoughts?

Thanks

bigadaj

Yes it should be cheaper and no real drawback on hl.

The pltforms cost you are paying at HL is quite high, so even after their rebates it's probable that using another provider such as Charles Stanley direct for example would cost you less overall.

george4064

shazkhan111 wrote: »

.

Does this make sense? Has anyone done it? Are there any disadvantages? Any other thoughts?

Thanks

Yes it does make sense.

I have done it with HL before, seamless process.

No disadvantages as you'll be getting a cheaper share class.