HL fees reducing

Fermion

Interesting that HL are reducing their account fees -  e.g. for SIPPs and ISAs from 0.45% to 0.35% for first £250K

https://www.hl.co.uk/help/income-and-fees/fees-explained/fee-changes

Maybe the ii and A J Bell TV adverts are having an impact!

Still any reduction is welcome

But there is now a £1.95 charge per trade (currently no charge for funds)

MDMD

Earlier thread here

https://forums.moneysavingexpert.com/discussion/6652155/new-hl-fee-structure-from-01-03-26/

spaniel101

Fermion said:

Interesting that HL are reducing their account fees -  e.g. for SIPPs and ISAs from 0.45% to 0.35% for first £250K

https://www.hl.co.uk/help/income-and-fees/fees-explained/fee-changes

Maybe the ii and A J Bell TV adverts are having an impact!

Still any reduction is welcome

But there is now a £1.95 charge per trade (currently no charge for funds)

*(Funds) Or continue to Trade for free when you invest regularly by Direct Debit or elect dividend reinvestment.

Ayr_Rage

Only reducing for some!

squirrelpie

Ayr_Rage said:

Only reducing for some!

Quite! It seems my SIPP charges will go down but my S&S ISA charges will go up quite significantly. Not a happy bunny.

ColdIron

Ayr_Rage said:

Only reducing for some!

Indeed. My Fund & Share account with only ITs in it is going from £0 to £150. That's a considerable increase

It will be the same for shares, ETFs and bonds

squirrelpie

I'll be complaining to HL once I work out exactly what I want to say.

Doshwaster

A small decrease for me but a good reminder that moving my SIPP away from HL is on my to do list for this year.

FIREDreamer

A quadrupling of ISA fees for me. Now looking at Freetrade’s cashback offer!

squirrelpie

FIREDreamer said:

A quadrupling of ISA fees for me. Now looking at Freetrade’s cashback offer!

Interesting but it seems quite difficult to find a list of what instruments are available. Yes there's a list of supposedly 'everything' but it's seemingly in a fairly random order, so it's quite painful checking what's available. Have I missed some other feature?

FIREDreamer

squirrelpie said:

FIREDreamer said:

A quadrupling of ISA fees for me. Now looking at Freetrade’s cashback offer!

Interesting but it seems quite difficult to find a list of what instruments are available. Yes there's a list of supposedly 'everything' but it's seemingly in a fairly random order, so it's quite painful checking what's available. Have I missed some other feature?

I only use shares and the £45 annual platform fee is now £150 which is a tripling. I thought I was paying £37.50 pa but it was £3.75 per month.