Fidelity changes to service fees for Junior ISAs (&SIPPs)

Notepad_Phil

Just posted this on the Pension forum (https://forums.moneysavingexpert.com/discussion/6174692/fidelity-changes-to-service-fees-for-junior-sipps-isas/p1), but might be of some use to others here as well.

Some news from Fidelity that might be of some use to people out there. From September 1st they say they will be removing their service fees from Junior SIPPs and Junior ISAs. Given that their 0.35% service fee was on the higher side of what was available, this might make them more of a destination choice for people looking to invest in this manner for under 18-s.

cloud_dog

Ahem.... https://forums.moneysavingexpert.com/discussion/6171826/fidelity-jisa-and-junior-sipp-changes       

dunstonh

this might make them more of a destination choice for people looking to invest in this manner for under 18-s.

And as pointed out on your duplicate thread, virtually all retail pensions can be used for the under 18s.  

Notepad_Phil

cloud_dog said:

Ahem.... https://forums.moneysavingexpert.com/discussion/6171826/fidelity-jisa-and-junior-sipp-changes       

Oops sorry - I've no idea how I didn't spot your post.

dunstonh said:

this might make them more of a destination choice for people looking to invest in this manner for under 18-s.

And as pointed out on your duplicate thread, virtually all retail pensions can be used for the under 18s.  

Yes indeed, but don't most other places charge platform/service fees, or if they provide those free then they'll charge higher than normal fund management fees.