iWeb Change to Scottish Widows

Kaizen917

Sorry to bring this thread back from the dead (though hopefully still salient topic).

Would you say this is still a good idea for someone trading rarely but with bigger sums(5k or more)?

I was considering opening with iweb lately but I cant figure out the likelihood that SW wont substantially redesign the fee structure and make the platform less competitive. Is there any point to wait and see how it goes first?

Also, from experience,how long does it roughly take you to transfer SS ISA into iweb?

Beddie

Kaizen917 said:

Sorry to bring this thread back from the dead (though hopefully still salient topic).

Would you say this is still a good idea for someone trading rarely but with bigger sums(5k or more)?

I was considering opening with iweb lately but I cant figure out the likelihood that SW wont substantially redesign the fee structure and make the platform less competitive. Is there any point to wait and see how it goes first?

Also, from experience,how long does it roughly take you to transfer SS ISA into iweb?

Go for it - they have said they won't change the fee structure and I believe them, as that's the main selling point of this otherwise clunky platform.

cloud_dog

Kaizen917 said:

Sorry to bring this thread back from the dead (though hopefully still salient topic).

Would you say this is still a good idea for someone trading rarely but with bigger sums(5k or more)?

I was considering opening with iweb lately but I cant figure out the likelihood that SW wont substantially redesign the fee structure and make the platform less competitive. Is there any point to wait and see how it goes first?

Also, from experience,how long does it roughly take you to transfer SS ISA into iweb?

If they change it then simple re-assess and move.

eskbanker

Kaizen917 said:

Also, from experience,how long does it roughly take you to transfer SS ISA into iweb?

Questions like that usually boil down to the length of a piece of string, as there are various factors affecting this, such as which provider is at the other end of the transfer process, whether it's transferring in specie or in cash, etc, but no harm in using the forum search facility for mentions of 'iweb isa transfer' to gather anecdotal data....