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As you were, lads – Hargreaves does a reverse ferret


So just a short note to confirm that HL has done the decent thing on the investment trust side and removed the distinction between shares and ITs. This means that the max you will pay for holding exchange traded instruments is £45 in ISA or GIA and £200 in SIPP.
This is good news and we applaud HL for listening. Obviously it should never have happened and there are questions to be asked about the process that led to it but that’s for another day.
Now, we need to pressure HL to move on the £25 per line exit fee and the per account calculation for discounts. Who’s with me? To the barricades!
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About Mark Polson

lang cat founder and boss. Expert on all things platforms, pensions and investments. Prolific writer and public speaker, even when people ask him not to be. Knows more about Scandinavian black metal than you, and isn't afraid to prove it.