With a £200,000 SIPP, all in shares and with no trades; will Hargreaves Lansdown charge £45 or £200 and will Fidelity charge £700 or £45?
26 May 2022
Question by Lisa
With a £200,000 SIPP, all in shares and with no trades; Will Hargreaves Lansdown charge £45 or £200 and will Fidelity charge £700 or £45.
I’m guessing that you have a number of errors with the calculator.
Answered by Boring Money
Hi Lisa,
Hargreaves Lansdown have a platform charge of 0.45% capped at £200 for shares. They charge for the first 0-9 share deals £11.95 per deal.
Fidelity have an adviser platform and a client platform. If you require advice we have special terms which would be a platform charge of 0.20% on £200,000. I believe their client platform charge is 0.35% capped at £45 for shares. Fidelity charge £10 for online deals for shares.
If you require advice for your SIPP I would be pleased to discuss in more detail on 07943 189948
Kind regards
Debbie Holloway
Chartered Financial Planner