-
They're going up in September too (although trading costs are going down).
But I am very lazy and change is hassle...
Changes (by plan)
Current
From 1 Sept Investor Monthly subscription fee
£9.99 per month
£11.99 per monthDo you know what the Vanguard fees are? I don't really do "trading", it's static so it probably does make sense to move it somewhere with the cheapest fees.
-
Vanguard fees are low, but I think they'll only hold their own funds in either their ISA or SIPP wrappers, so it won't work for your shares. That also means that transferring your existing SIPP will basically mean selling everything and re-buying Vanguard funds (unless it's all in their funds already).
Their fees are 0.15% for running the account, and something usually around 0.2% management fees for the funds.
that seems like an awful deal with those fees, especially with them increasing as you save more
"we're making more money out of you now. As thanks, please pay us more too"
Just move the SIPP over to Vanguard and open an ISA there too. They'll manage the paperwork for you on the SIPP transfer too
(not just me promoting them. They always get the recommendations on MSE, Which etc.)