S&S ISA - Moving from Moneyfarm

FBC712

Hi All,

I've held a Moneyfarm S&S ISA for a while but I'm thinking of moving, as I've read that the fees are quite high compared to other platforms.

I have around £7,000 in the account at the moment and want to put in about £100 - 200 monthly. Is Vanguard the way to go or are there other options I should be considering?

Thanks for the help!

Alz1986

Vanguard appear to be the default suggestion. But there is L&G who are as good.

eskbanker

Firstly identify what you want to invest in, and only then start to think about which platform(s) would be best, as some platforms are better for, say, ETFs than others.

Referring to 'Vanguard' is potentially confusing as it manages funds but also operates its own platform - if you're happy to stick to Vanguard funds then its own platform is likely to be the cheapest (but you can use others) but if you do use the Vanguard platform then you can't hold other fund managers' products on there.

Once you know what you're looking to invest in, you can compare platform costs at:
http://monevator.com/compare-the-brokers/
http://www.comparefundplatforms.com/
https://forums.moneysavingexpert.com/discussion/5583030