New HL fee structure from 01/03/26

masonic

https://forums.moneysavingexpert.com/discussion/comment/81881871#Comment_81881871

I've always used client number and that seems to do the trick.

thingswerentthisbadinmyday

I applied for a small TFLS from my SIPP yesterday. Nothing significant and only one fund needs to be transferred to my Drawdown account.

Interesting. I’ve now had an email from HL saying that it could take up to 15 days to process my request.

Methinks they may be a tad busy at the moment

DaveCarpetbag

I have been looking to move my shares from HL since they added a ridiculous expensive layer which would involve double charge if I sold my Indivior shares (moved from UK to US). I now need to act this month to avoid this charge -

• For Fund and Share Accounts, we’re reducing account charges for holding funds, from 0.45% to 0.35%, and introducing a charge of 0.35% to hold shares. You can see full charging tiers below.

I am long term buy and hold. When I checked a few weeks ago iWeb / Scottish Widows looked ok for me. I will be checking what's on offer over the next few days.

flopsy1973

https://forums.moneysavingexpert.com/discussion/comment/81881429#Comment_81881429

These 2 don't have any cashback incentives at the moment though anywhere that would give me cashback ?

Albermarle

https://forums.moneysavingexpert.com/discussion/comment/81883106#Comment_81883106

Have a look at Freetrade and Fidelity.

The former has the cheaper/zero fees, but is not really geared up for withdrawing/drawdown, if that is relevant to you. Also they are a newer player.

olderbutnowiser

https://forums.moneysavingexpert.com/discussion/comment/81880787#Comment_81880787

When you say move dividend income manually to the capital account, it sort of implies that you can do this online. I have never found a way of doing this and have just given up on the idea. However recently when placing a broker deal (linker) I was told that he could transfer for me so that I would have enough to buy extra units if I wanted to.

It's too much of a faff to ring up specifically to do this but if there is a way of doing so online, I would be very interested.

phlebas192

https://forums.moneysavingexpert.com/discussion/comment/81884609#Comment_81884609

Select the "cash" tab and then the "income and loyalty bonus" link. There is then a link on the right of the screen to "Transfer your income balance to your capital account now"

RL11

@olderbutnowiser

If you go to the Cash tab online, then select the Income and Loyalty Bonus tab, you should see an option to "Transfer your income balance to your capital account now". I used to do this religiously but stopped some time back. It didn't occur to me that I didn't earn interest until it was in my capital account.

GeoffTF

https://forums.moneysavingexpert.com/discussion/comment/81884609#Comment_81884609

This is what they told me:

"Once you have logged into your account, from the ‘Portfolio overview screen’ that summarises your account values, select the relevant account. This will bring up the ‘Stocks’ tab and you will see a list of your current holdings within this account. From here, click on the 'Cash' tab and then select the 'Income and loyalty bonus' tab. To move all or part of the income balance, select 'Transfer your income balance to your capital account now' on the right hand side of the screen.

This will present you with a screen displaying the amount available to transfer and the description of where that amount came from. You are able to simply enter an amount of income to be transferred in the 'How much would you like to transfer?' box, or alternatively you can select the specific income to be transferred by selecting the appropriate tick box to the right of each entry in the table.

You can then request a withdrawal to your nominated bank account by selecting the 'Withdraw Money' tab’. Please then follow the prompts to instruct the withdrawal."

What a pain!

olderbutnowiser

https://forums.moneysavingexpert.com/discussion/comment/81884654#Comment_81884654

Many thanks phlebas. I should have looked more closely!