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hargreaves and lansdown -shares and ITs
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eain
Posted: 26 October 2024 11:13:51(UTC)
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Am i correct in saying that if you only own IT's and shares and re-invest income that there is zero charge on HLs platform???



https://www.hl.co.uk/charges
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lenahan on 27/10/2024(UTC)
Jay P
Posted: 26 October 2024 11:19:06(UTC)
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Not quite.

GIA, yes.
ISA - Charged at 0.45% (sliding scale to zero), but capped at £45 per annum
SIPP- Charged at 0.45% (sliding scale to zero), but capped at £200 per annum.

In all cases, dealing charges apply to both buy and sell holdings - but reinvestment of dividends is free.

Shares, ITs, and ETFs as well.

AIUI
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Aminatidi on 26/10/2024(UTC), lenahan on 27/10/2024(UTC), Jonathan7 on 12/11/2024(UTC)
David Appleby
Posted: 26 October 2024 11:26:52(UTC)
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Regular monthly investments and re investment of dividend income in respect of all shares and ETFs are charge free.Lump sums buy and sell are charged at £5.95,£8.95 or £11.95 depending on your trade total for the previous month.Hope this helps.
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lenahan on 27/10/2024(UTC)
eain
Posted: 26 October 2024 12:34:52(UTC)
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For me and my wife it works out less than interactive investor then.

Thanks
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lenahan on 27/10/2024(UTC)
Sara G
Posted: 26 October 2024 12:45:46(UTC)
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eain;323427 wrote:
For me and my wife it works out less than interactive investor then.

Thanks


Yes, that was the conclusion I came to.

Also, they have recently started sending emails detailing how much you save from 'price improvements' when buying ITs and shares, where they go to a range of brokers and apparently get you a better price than you might elsewhere. I've certainly noticed that I tend to get a price significantly below the mid price when buying (and the reverse when selling). It's hard to compare of course, without having data from more than one platform, but potentially it takes the sting out of HL's higher dealing charges (vs ii, for example).
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Guest on 26/10/2024(UTC), lenahan on 27/10/2024(UTC)
Aminatidi
Posted: 26 October 2024 13:03:33(UTC)
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I still find it mind boggling how different platforms treat the same investor behaviour around asset type and trading frequency and wrapper.

Seems to be almost no sense to it.

Choice is good but you really do have to be on the ball to ensure you're doing what works best for your own circumstances.
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lenahan on 27/10/2024(UTC)
Dexi
Posted: 26 October 2024 13:04:32(UTC)
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Sara G;323429 wrote:
[quote=eain;323427]

I've certainly noticed that I tend to get a price significantly below the mid price when buying (and the reverse when selling).


Same with Halifax - usually a discount to the buy/sell mid price when buying , but usually when selling it`s close to the lowest sell price quoted for the share .
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Sara G on 26/10/2024(UTC)
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