Best Platform for just holding IT's in a SIPP?

A_T

IanSt wrote: »

I found the letter. It talks about an online buy or sell charge of £10 and that this replaces the current fee of 0.1% for transactions in investment trusts and ETFs. The £45 annual charge cap does still remain as it was before. Regular transactions, including dividends is £1.50.

It doesn't say when this change will happen, it just says that the various changes it talks about will happen over the coming months. It may actually be a good thing for you. 150k of trusts would cost £150 on a 0.1% charge, so provided you are investing into less than 15 trusts then you'll be ahead.

There are some further details in https://www.fidelity.co.uk/doingbusiness.

My sipp is actually with alliance trust as I've a mix of funds, ETFs and investment trusts.

they really ought to be making it clear that when you buy now it will cost you 0.1% but when you come to sell in the future it'll cost you £10

whats

IanSt wrote: »

I found the letter. It talks about an online buy or sell charge of £10 and that this replaces the current fee of 0.1% for transactions in investment trusts and ETFs. The £45 annual charge cap does still remain as it was before. Regular transactions, including dividends is £1.50.

It doesn't say when this change will happen, it just says that the various changes it talks about will happen over the coming months. It may actually be a good thing for you. 150k of trusts would cost £150 on a 0.1% charge, so provided you are investing into less than 15 trusts then you'll be ahead.

There are some further details in https://www.fidelity.co.uk/doingbusiness.

My sipp is actually with alliance trust as I've a mix of funds, ETFs and investment trusts.

I opened a SIPP with Fidelity last year, with carry over invested £150k over 27 IT/ETF (maybe to many)...
I often asked myself why not go with Jarvis X-O...

I've not been advised of the changes to FID 'proposed charges'. Bit annoyed over that!
If they do this I'll reavulate X-O/II etc ( new money/move)