The Lemon Fool

Is this any good?

Currently a great cashback offer (£1,000 for over£500,000 transferred in) and they would cover any exit charges up to £500 as well.

I only use investment trusts so the charges are lower than A J Bell.

Not sure about drawdown costs.

I have a Fidelity SIPP and would recommend particularly for IT/ETF. Although 0.35% for oeics but with no trading costs.
Benefit of Fidelity is no charges for SIPP withdrawals, helpful staff answering calls, web site has lots of guidance and advice.
Only make occasional withdrawals and no problems so far.

ffacoffipawb64 wrote:Is this any good?

Currently a great cashback offer (£1,000 for over£500,000 transferred in) and they would cover any exit charges up to £500 as well.

I only use investment trusts so the charges are lower than A J Bell.

Not sure about drawdown costs.

I left Fidelity due to lack of fund/Trust options and a less than good platform. However, their migration to a new platform is happening in the next two weeks and you will qualify for their welath status and pay a platform fee of 0.2%.
Thelow fee also applies to any accounts held by family in the same address regardles of the size of funds.
But I advise checking these comments with Fidelity as there could have been changes.

ffacoffipawb64 wrote:Currently a great cashback offer (£1,000 for over£500,000 transferred in) and they would cover any exit charges up to £500 as well.

I only use investment trusts so the charges are lower than A J Bell.

For investment trusts, A J Bell charge 0.25%, capped at £100 a year. I think that works out cheaper than Fidelity however much you hold. The cashback would be 1 year's charges for £500,000.

EthicsGradient wrote:

ffacoffipawb64 wrote:Currently a great cashback offer (£1,000 for over£500,000 transferred in) and they would cover any exit charges up to £500 as well.

I only use investment trusts so the charges are lower than A J Bell.

For investment trusts, A J Bell charge 0.25%, capped at £100 a year. I think that works out cheaper than Fidelity however much you hold. The cashback would be 1 year's charges for £500,000.

Investment trusts capped at £45 per annum at Fidelity, lower than A J Bell.

Charles Stanley Direct might be worth considering as if you have over £30K there is no annual fee, just max £24 per month which is waived if you trade once. Suitable for trusts but would be expensive for funds.