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S&S ISAs or 0.8% Savings Account

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Comments

  • EP456
    EP456 Posts: 63 Forumite
    Ninth Anniversary 10 Posts Name Dropper Photogenic
    bugbyte_2 said:
    MX5huggy said:
    Short term spends then, that account seems as good as anywhere then. The ISA is probably designed for a 5 plus year hold, and as it’s through an IFA probably expensive. 
    I would check the expense of that to see if it is worth it. As a bench mark Fidelity costs 0.35% pa + fund costs and LLoyds costs £40 pa plus fund costs  + £1.50 per fund trade. 
    My last statement states Service Cost 0.24% of Investment, and Product Cost 0.69% of Investment.

    Excuse my ignorance, but is this good or bad?
  • bugbyte_2
    bugbyte_2 Posts: 415 Forumite
    Part of the Furniture 100 Posts Name Dropper Photogenic
    OK if you are happy with it, without knowing the fund or amount it is hard to tell. A global tracker can be had for 0.1% + platform fees
    Edible geranium
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