Whether you invest in a fund with advice or without it, your investments will be held and managed in the Investment Hub and a fee will be charged to cover administration costs.
This fee is based on the value of your investments held in the Investment Hub and is payable every 6 months.
Value held in Investment Hub | % p.a. on this band |
|---|---|
The first £50,000 | 0.35% |
Above £50,000 to £500,000 | 0.20% |
Above £500,000 | 0.10% |
Examples: how the fees could work
Example 1
If the total amount invested in funds is £10,000. Then the annualised total fee would be calculated as follows:
Value held in Investment Hub | % p.a. on this slice | Fee on this slice |
|---|---|---|
£10,000 | 0.35% | £35.00 (0.35% x £10,000) |
Total Platform Service Fee per year | £35.00 |
Example 2
If the total amount invested in funds is £200,000. Then the annualised total fee would be calculated as follows:
Value held in Investment Hub | % p.a. on this slice | Fee on this slice |
|---|---|---|
£50,000 | 0.35% | £175.00 (0.35% x £50,000) |
£150,000 | 0.20% | £300.00 (0.20% x £150,000) |
Total Platform Service Fee per year | £475.00 |
You can find more details about the Platform Service Fee in the Investment Hub Key Features Document. It also includes detail on other fees, charges, interest rates and our best execution policy.
As with all investments your capital is at risk and you may get back less than you invest.
Depending on how you choose to invest you may pay an advice fee.
Advice type | Advice fee |
|---|---|
Digital Investment Adviser
| £20 |
Face-to-face | The adviser will detail the fee in your first meeting before you agree to progress |
Choose your own investment without advice | No advice fee |
There are costs and expenses of managing an investment fund, which are deducted from the value of the fund by the fund manager. This can be found in the relevant fund’s Key Investor Information Document and is referred to as the Ongoing Charge Figure (OCF), which you can review before you invest.
Ways to invest
Digital Investment Adviser
For investments up to £20,000, our Digital Investment Adviser recommends which fund, from a limited range, is right for you. This service is accessed and managed through the Investment Hub.
It's easy to use, shows what you could potentially get back from investing and when you're happy you can buy your suitability report for £20.
Face-to-face advice
For investments over £20,000, our team of Financial Planning Managers may be able to offer you investment advice.
Our experts give you personalised advice and recommendations based on your situation.
Choose your own investment
Our Investment Hub makes it simple to open our Stocks and Shares ISA or an Investment Account.
Choose from a wide range of investment funds and start with either a lump sum or monthly payments. No advice is provided.