Investment Platforms for SIPPs/ISAs-Close Brothers, Charles Stanley, Best invest, HL

OldDIYer

I manage two relatively small SIPPs with Best Invest and they are fine.

We've recently transferred (final belated transfer from HL - finally found a cheaper option, despite reduced fee concession at HL) a larger SIPP (in drawdown, with no income being taken) to AJB and it's all going well so far.

It is important to look closely at the charges for SIPPs, especially if you are in drawdown or approaching it, as they vary enormously. If we'd been drawing income from ours we may have been better off staying with HL!

Sue58

If you only hold IT's in your SIPP then Fidelity are hard to beat. Their charges are capped at £45 per annum and no further extra charges to go into drawdown etc

dividendhero

OldDIYer wrote: »

Hargreaves Lansdown are good, but not worth the excessive fee in my view. Afterall you can use any website for research, including theirs, so why pay too much?

Amazes me how much info HL provide on their website for non customers, guess they consider it worthwhile in attracting new business...

Thrugelmir

dividendhero wrote: »

Amazes me how much info HL provide on their website for non customers, guess they consider it worthwhile in attracting new business...

Good way of spending a marketing budget. More effective than an advertising campaign.