HL LISA fees

eskbanker

https://forums.moneysavingexpert.com/discussion/comment/81885460#Comment_81885460

Just to check, if you're paying £180 at 0.25% that implies a balance of £72K?

https://www.moneysavingexpert.com/savings/lifetime-isas/#bestbuysstocks summarises the main options, but they're mostly covered above anyway and if you're holding OEICs rather than ETFs then I think you'll struggle to beat Dodl's 0.15%, although from a quick look I'm not sure that they offer VLS100 (but do have HSBC FTSE All World if you want a global equity fund, albeit not identical allocation).

oz0707

https://forums.moneysavingexpert.com/discussion/comment/81885530#Comment_81885530

Thats right yes was in the 70's. Couldn't quite believe it myself. I think I'll stick with what I know if the best I can hope is too not quite halve the fee's. I know everything you read is telling you to control to one variable you can, but if I can't even buy the same fund and I have to spend time switching i'm not sure its worth it at this point. Thanks for the HSBC heads up. I do have a global HSBC accumulation fund in my S&S ISA. I'd prefer to keep the VLS100 in the LISA.

TheTelltaleChart

HL's holding charges for LISAs are not actually changing. The only change for you is that ad-hoc fund dealing will be £1.95 instead of free. Ad-hoc share dealing will be cheaper than before. Regular dealing in both funds and shares remains free.

oz0707

https://forums.moneysavingexpert.com/discussion/comment/81887580#Comment_81887580

Yeh I think I will keep as is then. I only deal twice per year. Once just after April and once when the bonus comes through.