Share Dealing Custody Fee's?

STEVE7_2

My Share dealing company i have my shares in has now started to take a custody fee for what i hold i am after some advice the best place to keep them without any fees been taken as i am not looking to sell anytime soon?

Thanks
Steve7

Alexland

Depends what investments you hold but consider iWeb or Jarvis X-O neither of which charge an ongoing custody fee for general investment accounts or ISAs.

Still sometimes it can be better to pay a custody fee for lower transaction costs depending on your account balance and contribution pattern.

Alex

STEVE7_2

Thank You for your advice Alexland i'll have a look

STEVE7_2

Just had a quick look iWeb and Jarvis X-O seem similar in price and halifax dealing seem close as well, i'm with Equiniti atm i'll have a think?

Alexland

Halifax SD operate iWeb so it's really just a question of which account fee structure suits you best. I have found them to be very competent and like that they also offer funds.

Jarvis X-O is a more traditional for stocks, ITs and ETFs.

Alex

STEVE7_2

I'm going to work it all out thanks again Alexland

EdGasketTheSecond

I never did like custard

millie

We also had shares in Equiniti and they have told us about a new custardy fee they are introducing in April, We have moved our shares to Saga they operate their share account through Equiniti but have no charges ( I phoned and asked them) they said that they cant guarantee that there will not be any fees introduced in the future but there are none at the moment.