Sticks isa

jw99

Hi

I would like to start investing in a global index fund.

One like this HSBC FTSE All-World Index (Class C)

I would be investing my £20,000 allowance every year

What would be the best/cheapest wat to do this?

Through HSBS its self or through another provider.

Any advice would ne appreciated as I have never set anything like this before.

Thanks in advance

eskbanker

https://monevator.com/compare-uk-cheapest-online-brokers/ is a good place to start…

Beddie

These are some of the free platforms you could start investing on:

Trading 212

Prosper

Freetrade

Barclays

Scottish Widows share dealing

DRS1

Just to mention that on SWSD (don't know about the other "free" platforms @Beddie mentions) you may pay £5 to buy or sell your investment. There is a way to avoid that £5 charge (on the buy end) by doing "regular investment". Despite the name you can do a one off "regular investment".

And if you leave your £20k in cash while you make up your mind what to invest it in then SWSD at least pays no interest on cash held in the ISA.

This may sound like I am trying to put you off SWSD but it is one of the more popular platforms

jw99

Thanks to all who have taken the time to reply.

I was ideally looking for a platform where I could have a decent paying cash isa(which I will transfer from Nationwide cash isa) and a global index which will be be for the long term.

Trading 212 looks ok as once I have set it up it should not really need anything done apart from transfering from my cash to index fund if and when i want.

poseidon1

https://forums.moneysavingexpert.com/discussion/comment/82114261#Comment_82114261

OP can cross Trading 212 off the list. Their platform does not support OEICs.