Investment & Investing

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hippy in reply to @ChasnotRobert

Is there typically a cost to opening and/or running a S&S ISA with a high street bank? That might be a neat option if it's not spendy to maintain.

EDIT: "We charge an annual service fee of 0.25% for the running of your investment portfolio, which is payable quarterly and taken from your nominated account.

Fund managers also apply an annual management charge and other expenses which are deducted directly from the fund. These will vary depending on the portfolio you choose.

This means if you invest £1000 over a year and both the service fee and the Fund manager's annual charge are 0.25%, your ongoing costs for the first year will be around £5.

You’ll find a breakdown of all of the charges in the relevant portfolio's 'Costs and charges' PDF document."

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duncs in reply to @hippy

Can open a S&S ISA with someone like Vanguard. Fees are minimal (0.15%) and it’s straightforward

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hippy in reply to @duncs

I could but that's another account somewhere else. I'm trying to simplify my life :)

I wonder, is it possible to take the shares but then stick them into my SIPP as shares somehow rather than take the cash and then buy shares in something else?

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