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Splitting investments between 2 providers
Comments
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In that case, I would not worry provided that you are use only main stream investments on one of the biggest and safest platforms. iWeb, which is soon to become Scottish Widows, is owned by Lloyds Banking Group and is the most popular option here.rev229 said:Investing in shares/bonds. Currently all in savings accounts some in fixed term high interest linked to current accounts with several banks.We have ISA’s and NS&i.
plan to invest in stock /shares , keep an emergency fund and a day to day fund should we need to top up our monthly outgoings .1 -
GeoffTF said:
In that case, I would not worry provided that you are use only main stream investments on one of the biggest and safest platforms. iWeb, which is soon to become Scottish Widows, is owned by Lloyds Banking Group and is the most popular option here.rev229 said:Investing in shares/bonds. Currently all in savings accounts some in fixed term high interest linked to current accounts with several banks.We have ISA’s and NS&i.
plan to invest in stock /shares , keep an emergency fund and a day to day fund should we need to top up our monthly outgoings .Although wrt the the bolded bit, Hargreaves Lansdown, AJ Bell and Interactive Investor are also large platforms, and frequently mentioned on this site.It is usually said to think about / decide what you want to invest in, and then choose the most appropriate platform - ie one that offers the funds / ETF's / IT's you want, and has a fee structure (annual / trading) that is not excessive for the amount you are putting into the ISA / GIA / SIPP account.1 -
Hey don't forget those of us with Fidelity the world's 3rd biggest asset manager - too big to fail but maybe also too big for any government to bail-out.LHW99 said:Although wrt the the bolded bit, Hargreaves Lansdown, AJ Bell and Interactive Investor are also large platforms, and frequently mentioned on this site.
I like to spread my investments across a few large unrelated fund managers and platforms just in case.0 -
I like to spread my investments across a few large unrelated fund managers and platforms just in case.I stick to cashflow-positive platforms with very low levels of illiquid assets. The latter makes the platform marketable to others.
I am an Independent Financial Adviser (IFA). The comments I make are just my opinion and are for discussion purposes only. They are not financial advice and you should not treat them as such. If you feel an area discussed may be relevant to you, then please seek advice from an Independent Financial Adviser local to you.1
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