S&S JISA transfer

Bond2025

Hi, my daughters stocks and shares JISA is currently managed at high fees by True Potential (made up of considerable lump sum but no monthly tops ups, just whenever we have some spare cash to put in) am very unhappy with the ongoing fees and management but feeling nervous about transferring (have zero knowledge of S&S) can anyone recommend a relatively straight forward S&S platform with low fees pls?? I'm desperate to move the funds, thanks

eskbanker

Fidelity and Hargreaves Lansdown don't charge ongoing custody fees for JISAs, but do have dealing charges for transactions.

Albermarle

As above these two providers do not charge a platform fee for JISA's.

However you have to choose how to invest the money, although both platforms offer some guidance ( not personal advice)For example
Junior ISA Investment Ideas | Fidelity


If you bought a standard type of investment fund ( an OEIC in the jargon) there would be no dealing charges, but the fund would charge a fee. A typical low cost global index fund or multi asset fund would cost < 0.25%