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Easy to use S&S ISA platform for my mum

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Comments

  • dunstonh
    dunstonh Posts: 121,352 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    Can someone recommend a platform that is easy to use? She will be investing in low cost index linked funds (global, S&P 500 etc) and government bonds.

    If she is inexperienced, why are you complicating it with single sector funds that need ongoing management? Why not stick to a multi-asset fund?

    Does she need a platform?
    Is she good with computers? (i.e. if she goes with a platform, then some platforms are easier to use than others)
    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.
  • Pincher
    Pincher Posts: 6,552 Forumite
    1,000 Posts Combo Breaker
    vaskie wrote: »
    I've think I've finally convinced my mum to invest in a Stocks and Shares ISA.

    I hope you mean an account you will be managing for her.

    Any other possibility is beyond my idea of sanity.
  • AnotherJoe
    AnotherJoe Posts: 19,622 Forumite
    10,000 Posts Fifth Anniversary Name Dropper Photogenic
    vaskie wrote: »
    I think I've finally convinced my mum to invest in a Stocks and Shares ISA.

    Hmmmm. I wonder if this is a sign I should sell up and go into gold 100% ?

    What is her work and pension position ? Is she a high rate tax payer?
    At her age adding more into a pension is likely to provide the best return because if the tax benefits and because the money isn't locked away.
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