ISA fund hidden charges

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  • dunstonh
    dunstonh Posts: 116,387 Forumite
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    Ironically, the charges on savings accounts are often higher than the fund charges. The difference is that fund charges are explicit. Savings accounts are implicit. One you see. The other you are not told of at account level. The net interest margin is around 1.9% on savings.
    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.
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