Comparison of platform and fund charges for Hargreaves Lansdown, AXA Self Investor and Fidelity

22nd January 2014

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Financial consultancy the Lang Cat has put together a comparison of platform charges for Fidelity, Axa and Hargreaves Lansdown which we include in the table below.

This will help investors make some very important decisions in the next few weeks and months about where to place their money, in terms of fund charges and platform charges.Previously we suggested that investors needed to take their time over the decision but perhaps this consultancy’s calculations means you can make a swifter decision. Significantly, it includes a calculation of what it means over a five year time period. Certainly food for thought to help you make a decision sooner rather than later.

the Lang Cat comparison of fund and platform charges

the Lang Cat comparison of fund and platform charges

Additional notes Axa: No additional transaction charges.

Assumed first year free.

Cost does not take account of fund charges which vary depending on investment choice.

No rebates to fund managers.

Additional notes Hargreaves: Per account charging – charges are applied per wrapper, rather than holistically.

Investment trusts charged at 0.45%, no tiers.

£25 for transferring out in cash. Charges for re-registering out per line of stock.

Cost does not take account of fund charges which vary depending on investment choice.

Rebates to fund managers exist.

Additional notes Fidelity: No additional transaction charges.

Cost does not take account of fund charges which vary depending on investment choice.

Rebates to fund managers for new customers, however legecy rebates exist.

Read more here: Editor’s view – This is a price war on fund charges

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