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Sipp management fees how can I reduce
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I was also wondering where this exact £63 came from . There is a also a £1.50 charge for reinvesting dividends.Notepad_Phil said:
I thought Fidelity charged a max of £45 service charge if you only hold ETFs + assuming you're on their new system a £10 charge per each normal online buy or sell of an ETF. So wouldn't it depend on the activity as to what the charge is?TBC15 said:An ETF SIPP with Fidelity in drawdown would cost £63 pa.
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Notepad_Phil said:
I thought Fidelity charged a max of £45 service charge if you only hold ETFs + assuming you're on their new system a £10 charge per each normal online buy or sell of an ETF. So wouldn't it depend on the activity as to what the charge is?TBC15 said:An ETF SIPP with Fidelity in drawdown would cost £63 pa.
ETF fee is £45. Every month Fidelity does what is required to pay my monthly income and this costs £1.50 per sale.
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