General Investment Account record keeping

dllive

masonic said:

dllive said:

Hmm, T212 only offers ETFs.

So - for minimal hassle - I should choose perhaps Vanguard's LifeStrategy 100% Equity Fund - Income class? If so, Ill forget about T212 and just use Vanguards platform.

iWeb might be worth considering to break out of the Vanguard stable, but if you were previously looking at a FTSE All World ETF, you could consider Vanguards Global All Cap Index fund, which is closer than VLS100 and which many would consider preferable to FTSE All World.

Thanks @masonic . Ive breached the amount FSCS protection limit on Vanguard and iWeb. So looking to diversify on other platforms. I hadnt realised with these fancy modern platforms (T212, InvestEngine etc) that they only have ETFs (and the additional faff of keeping records of ETFs that involves).

Is there another platform you recommend? (I dont want to use Hargreaves as Ive heard theyre expensive compared to others). Thanks

wmb194

dllive said:

masonic said:

dllive said:

Hmm, T212 only offers ETFs.

So - for minimal hassle - I should choose perhaps Vanguard's LifeStrategy 100% Equity Fund - Income class? If so, Ill forget about T212 and just use Vanguards platform.

iWeb might be worth considering to break out of the Vanguard stable, but if you were previously looking at a FTSE All World ETF, you could consider Vanguards Global All Cap Index fund, which is closer than VLS100 and which many would consider preferable to FTSE All World.

Thanks @masonic . Ive breached the amount FSCS protection limit on Vanguard and iWeb. So looking to diversify on other platforms. I hadnt realised with these fancy modern platforms (T212, InvestEngine etc) that they only have ETFs (and the additional faff of keeping records of ETFs that involves).

Is there another platform you recommend? (I dont want to use Hargreaves as Ive heard theyre expensive compared to others). Thanks

For me AJ Bell would be the obvious suggestion but have a look at Monevator's broker comparison. It states whether the broker is ETF only.

https://monevator.com/compare-uk-cheapest-online-brokers/

dunstonh

Thanks @masonic . Ive breached the amount FSCS protection limit on Vanguard and iWeb. So looking to diversify on other platforms. I hadnt realised with these fancy modern platforms (T212, InvestEngine etc) that they only have ETFs (and the additional faff of keeping records of ETFs that involves).

Plus, if you are concerned about the FSCS limit on platforms (which you would have to be highly concerned given how low a risk it is on the mainstream), then its worth noting that ETFs get no FSCS protection.

masonic

dunstonh said:

Thanks @masonic . Ive breached the amount FSCS protection limit on Vanguard and iWeb. So looking to diversify on other platforms. I hadnt realised with these fancy modern platforms (T212, InvestEngine etc) that they only have ETFs (and the additional faff of keeping records of ETFs that involves).

Plus, if you are concerned about the FSCS limit on platforms (which you would have to be highly concerned given how low a risk it is on the mainstream), then its worth noting that ETFs get no FSCS protection.

FSCS protection is only lacking if the fund provider fails. There is still protection if the investment platform fails.