Investors using so-called ‘fund supermarkets’ are finding that there is a good level of competition within this market, according to the interim findings of the Financial Conduct Authority’s (FCA) investment platforms market study.
When a leading platform overhauled its pricing and services last summer, grumbling was heard across the market, while some investors threatened to take their business elsewhere. Exactly how many people followed up on that threat is unknown, but there’s little doubt that some were prompted to consider their options.
Jeff Salway reveals the top investment platform options according to pension size, for investors building their Sipp and in income drawdown.
Investors cite cost and value for money as the primary driver when selecting their provider of choice, research has found.
Buying direct from suppliers of products and services almost always works out cheaper - but not when you buy an investment fund.
The deal will create the second largest online broker in the UK, serving 300,000 customers with £18bn of investments under management.
New research has found platforms do not seamlessly convert fund investors from accumulation to income units.
Find the cheapest and most expensive Isa providers for various pot sizes with our colour-coded tables.
Money Observer has lined up 22 major investment platforms to help you find the best online broker, taking into account charges and the range of investments on offer.
AJ Bell YouInvest has overhauled its charging structure in a move that will cost wealthy fund-based investors more than £1,000 a year.