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Hargreaves Lansdown Vantage ISA (Investment Trust) - tips on minimising charges?

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  • Alexland
    Alexland Posts: 10,262 Forumite
    Eighth Anniversary 10,000 Posts Photogenic Name Dropper
    edited 30 December 2017 at 11:52AM
    RobStaffs wrote: »
    I have a unit lifestyle pension with AEGON which charges 0.6% I am not really good a DIY picking as I lack the confidence but I am at the point with HL where I need to be working out how to cut costs. I have about £160k invested on the HL platform so I am sure an IFA could work out a way forward. I also have too much tied up in cash savings.

    With those values you should be able to get your fees down (on an ISA or pension) to around 0.3% (or less) using fixed price platforms such as Halifax SD or Interactive Investor. Worth looking at multi asset collective investments such as the Vanguard LifeStrategy, HSBC Global Strategy or the L&G Multi Index fund series and choosing one that matches your risk/reward profile.

    Alex,
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