Best site to compare stocks10/7/2023 ![]() Stocks and shares ISA FAQs What is a stocks and shares ISA? You can also try out the app before you sign up. It has no hidden costs as it doesn’t charge for withdrawals, depositing money, transferring or closing your plan. Its original portfolio costs an average 0.16% on top of this, while its ethical portfolio costs an extra 0.7%. Wealthify, which is owned by Aviva, charges a monthly management fee of 0.6% per year. The platform is straightforward to use with five risk levels to choose from, plus you can opt to go down the ethical investment route. You also have to invest within six months of opening the ISA. Don’t forget to check the terms and conditions* and be aware that when you invest, your capital is at risk. Offer extended, now closes 4th September 2023. We have an offer for Times Money Mentor readers as the platform is offering £50 cashback for new customers who invest £50 in a Wealthify stocks and shares ISA using this link*. Why we rate it: Wealthify* could be a good choice if you’re new to the world of stocks and shares ISAs, letting you get started with as little as £1. Read more: Best junior stocks and shares ISAs This is where the platform will offer you a range of investments based on your attitude to risk.īelow, we list our best stocks and shares ISA choices. If you are fairly new to investing or are not confident at making your own investment decisions, go for a ready-made portfolio. Our ratings are focused on cost and customer experience. This is based on transparency, complaints and client feedback. We also award companies that have a big enough customer sample a separate customer experience rating. ![]() To be awarded the top score of five stars, the cost must be below the sector average, plus there must be no sneaky one-off fees such as for opening the account or doing an ISA transfer to a competitor. To calculate them, we look at all the ongoing annual costs of having £50,000 in a stocks and shares ISA. The star ratings show which products have the lowest fees overall. But we can help you find a platform that doesn’t charge too much and has happy customers. We can’t guarantee that your investments will shoot the lights out and you might even get less than you put in. The independent research agency constantly monitors the fees and charges of every ISA provider, to help you choose the best for your needs. Our ratings are compiled by Fairer Finance. Top five ready-made stocks and shares ISAs
0 Comments
Leave a Reply.AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |