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Halifax introduce new SIPP for existing customers
SnowMan
Posts: 3,850 Forumite
Halifax have a SIPP administered through AJ Bell.
But they are now offering a new SIPP to ‘existing Halifax customers’ only at the moment. They say 'you must be an existing Online or Mobile Banking customer to open an account'.
https://www.halifax.co.uk/investing/start-investing/share-dealing-services/sipp.htmlPlatform charge is 0.25%pa charged monthly subject to a maximum of £16.50 per month (which is equivalent to £198pa). So this maximum applies when investments exceed 79.2K (= 198/0.0025).
Online fund and share trades are £9.50 each.
No transfer or drawdown charges
I came, I saw, I melted
0
Comments
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So cheaper management fees for funds than HL at the smaller end. But you pay quite a bit for dealing.Possibly OK for buy and hold? Wonder if they offer all the AJBell range.0
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