Transfering a maturing cah isa to Vanguard Life strategy

Sean473

Fatbritabroad wrote: »

You can also do an isa direct with vanguard now see recent thread

Agreed... No better way then to go direct!

Eco_Miser

Sean473 wrote: »

Agreed... No better way then to go direct!

You pay up to £375 per year going direct, £12.50 a year plus £12.50 per transaction with Halifax, £25 opening fee, £zero per year and £5 per transaction with Iweb. Vanguard are the expensive option for most.

Glen_Clark

Sean473 wrote: »

Agreed... No better way then to go direct!

Not necessarily
It can be more expensive to buy a car direct from the car manufacturer's website than through a dealer for example. Manufacturers won't undercut dealers because they want them to keep selling their cars!

LastbutFast

Thanks for the heads-up about X-O. I guess at this stage of being a newbie with limited knowledge, after looking around their site, I lack the confidence to take this route presently and will probably go with IWEB. I might wish to add funds later in the year and their £5 fee for doing so seems reasonable.

cashbackproblems

Vanguard direct are by far the cheapest and im in process of transferring my hl account to them, x-o dont offer funds like shares

Glen_Clark

cashbackproblems wrote: »

x-o dont offer funds like shares

I have Exchange Traded Funds (ETF) in x-o with annual charges from 0.05% (thats HSBC Euro 50 shares in Europe's 50 biggest companies). £5.95 to trade, low spreads, no stamp duty, no platform charges. Jarvis plc (owner of x-o) do the sharedealing services for Nationwide and Yorkshire Building Societies - my first account was certificated trading through them, before I opened an online account with x-o.
Cheapest I have heard of is https://www.degiro.co.uk at £1.75 for shares, ETFs free . They are not a 'Best Buy' here though - perhaps because they are not part of the UK guarantee scheme but the Netherland's scheme - so you would have to go to the Netherlands to get your cash back if they went bust. Also heard a lot of complaints about their website - but that was years ago so might have been teething problems when they were setting it up.

bigadaj

cashbackproblems wrote: »

Vanguard direct are by far the cheapest and im in process of transferring my hl account to them, x-o dont offer funds like shares

iWeb, Halifax share dealing, interactive investor, there are many options cheaper than the new vanguard offering with a full range of provider funds with a reasonable sum to invest.

G4OJR

Is anyone able to comment on the range of funds offered by iWeb and x-o?, as opposed to listed shares? That info isn't available without opening an account thanks

ColdIron

X-O don't provide funds, does that help

jimjames

cashbackproblems wrote: »

Vanguard direct are by far the cheapest and im in process of transferring my hl account to them, x-o dont offer funds like shares

That's just not true. They might be cheapest for some people with small portfolios but certainly not large amounts where iWeb are far cheaper