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Fees and charges

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. Details and examples of this Platform Service Fee are shown below.

The Platform Service Fee
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 (0.25%x£150,00)
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.

Advice fees

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 charges

 
Are there any other charges?
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.

The value of investments and any income from them can go down as well as up and you may get
back less than the full amount you invest.

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