iWeb Pension Review

as of 25/02/2021 at 12:03 pm

Our View

Cheap. Not much else to say! Not great to use. No good supporting content. But it is cheap for people who know what they're doing and want to buy and hold with minimal charges. With no obvious pensions pedigree, expect a no frills experience.

Our Pension Rating

Recommended For

Confident Investor

In a nutshell

Cheap

Barren

Basic

You Say

Your overall rating

Based on 62 reviews

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What to Expect

Investment Choice

Products

Stocks and Shares ISA

Investment Account

Pension

Investments available

Funds from other groups

Stocks and shares

Investment help

Pick your own funds

Pick your own shares

Drawdown

iWeb outsource their drawdown services to AJ Bell which can make admin slightly more complex and arduous, and customers say iWeb lack expertise to help with pension and drawdown queries.

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The 'Geeky' Details

Provider details

iWeb is very low cost. It’s a no-frills stockbroker operated by Halifax Share Dealing. I repeat, no-frills.

To open a pension account there is an opening fee of £25, and then £5 per trade.

There is a wide variety of investments on offer, including shares and funds. Best for those who know exactly what they are doing, are solely interested in minimizing cost and are not making too many fund transactions.

Important Facts & Figures

Provider Size:

Investment platform operated by Halifax Share Dealing, owned by Halifax bank.

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