NATWEST Stocks & Shares ISA - good investment?

ileven1225

Alexland wrote: »

Halifax own IWeb so the investment options are the same. Vanguard, HSBC, Blackrock, etc. Just make sure you select their Share Dealing ISA not their retail Investment ISA.

https://www.halifax.co.uk/sharedealing/our-accounts/stocks-and-shares-isa/

Natwest are not a market fund manager so you will not be able to buy their products on DIY platforms and frankly there wouldn't be any demand for them at those fees. It's not where an informed investor would want their money.

Alex.

It's crytal clear now for what I need to do!

ileven1225

Alexland wrote: »

IWeb don't have the L&G MI series. Also for regular contributions worth considering Halifax SD.

Last question, Why a regular contribution would worth considering Halifax SD?

My understanding is Halifax SD and IWEB are similar in principle?

thanks!

ValiantSon

ileven1225 wrote: »

Last question, Why a regular contribution would worth considering Halifax SD?

My understanding is Halifax SD and IWEB are similar in principle?

thanks!

Halifax offer a discounted price on trading fees for regular contributions, but iWeb don't. Using the regular trading feature it only costs £2 per purchase. The potential downside is that you can only purchase at that price on the days they notify you of.

Alexland

The Halifax SD fee structure encourages very disciplined regular investment as you would not make changes to the investments and incur the adhoc trade fees without some serious consideration.

I have only made one change in my Halifax SD SIPP when I switched from the Vanguard Life Strategy to the HSBC Global Strategy fund series a few months ago. I wish their SIPP annual fee was as low as their ISA fee.

Alex.