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Stocks n Shares ISA


Select coaches said:
Interactive Investor announced a cut a month or 2 ago. £14.99 for running a SIPP & ISA with no %age charges. Much better imo than any scheme that charges fees based on percentages.

Blackrock world mining trust is up 60% last 3 months and pay reasonable dividends.
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Only if you have quite large funds invested. Quite an expensive option if just starting out. £15 pcm is a lot more than im currently paying vanguard (who have a capped amount of £375 pa which i thinks is investments totally £250k)
 
42 said:
Only if you have quite large funds invested. Quite an expensive option if just starting out. £15 pcm is a lot more than im currently paying vanguard (who have a capped amount of £375 pa which i thinks is investments totally £250k)
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Fair enough but you’re stuck with only vanguard products iirc?
 
Matt Hopkins said:
Are you thinking of the cash rate not the STMM? The STMM is benchmarked against the SONIA rate and seems to have done just that
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No idea mate I’m lost off now 😆
I just know if try transfer it to a cash isa with another provider they have reputation for dragging heels and can take 6-8 weeks , in which time exposed to market risk , rather get it sorted this week
 
Fletch said:
No idea mate I’m lost off now 😆
I just know if try transfer it to a cash isa with another provider they have reputation for dragging heels and can take 6-8 weeks , in which time exposed to market risk , rather get it sorted this week
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This is not advice mind.
If you are worried about it dragging on just log on to the Vanguard account and 'switch' the money from whichever funds she's in and put it in the fund I linked to (STMM) it'll all be done in a couple of days, then look to transfer it out if you want.

As I say this isn't advice it's just what I'd do 👍
SONIA rate here
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MonkeyLove said:
I had an email from Hargreaves Landsdown this morning significantly cutting their fees it looks like from 1st March.

I presume the likes of 212 and Plum are shafting their business model. Probably still a lot of older clients who would trust HL with 100k + that wouldn’t trust 212 with that (Even though both have the same protection) but you have to think as older/less digital savvy customers go then they will still have to do far more to compete.

Been reading a lot over the last few days how minerals and power are expected to thrive in 2026. You can get some risk spread ETFs from the big players in both sectors if you want to play conservative but it doesn’t sound like a pump. There is a recognised Global mineral shortage in some key rare earths and more common areas like copper at a time when demand is going through the roof.

Likewise AI demands huge amounts of power and the sector could do well this year in the same way data centres delivered ridiculous returns last year.

I still think an S&S ISA is a solid long term investment but with Trump in post people will have to be prepared to experience volatility.
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On looking closer at the details, whether the HL platform charges will be lower or higher will depend on whether you hold a SIPP, ISA, or GIA and whether your holdings are mainly funds or ETFs/ITs/shares, and also how much dealing you do.
Share dealing has decreased from £11.95 to £6.95, but there is now a £1.95 charge to buy and sell funds when previously there was no charge.
I hold mainly ETFs in both my ISA and SIPP, so my SIPP will now be slightly cheaper (maximum platform cost for holding ETFs is reduced from £200 to £150). My ISA however will be considerably more expensive (the platform cost for holding ETFs has increased from a maximum cap of £45 to £150).
My initial thoughts are that I will leave my SIPP where it is (I am in drawdown and HL do provide great customer service), but I will move my ISA to AJBell or maybe someone else.
I would think other providers will be competing to take the SIPPs/ISAs of people who have decided to move, and there will be some good cash back offers coming out soon for transfers.
Barista said:
On looking closer at the details, whether the HL platform charges will be lower or higher will depend on whether you hold a SIPP, ISA, or GIA and whether your holdings are mainly funds or ETFs/ITs/shares, and also how much dealing you do.
Share dealing has decreased from £11.95 to £6.95, but there is now a £1.95 charge to buy and sell funds when previously there was no charge.
I hold mainly ETFs in both my ISA and SIPP, so my SIPP will now be slightly cheaper (maximum platform cost for holding ETFs is reduced from £200 to £150). My ISA however will be considerably more expensive (the platform cost for holding ETFs has increased from a maximum cap of £45 to £150).
My initial thoughts are that I will leave my SIPP where it is (I am in drawdown and HL do provide great customer service), but I will move my ISA to AJBell or maybe someone else.
I would think other providers will be competing to take the SIPPs/ISAs of people who have decided to move, and there will be some good cash back offers coming out soon for transfers.
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Edit: I should have also added that fund holding charges have been reduced from 0.45% to 0.35%, so if one mainly holds funds, then costs will be reduced.
 
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Barista said:
On looking closer at the details, whether the HL platform charges will be lower or higher will depend on whether you hold a SIPP, ISA, or GIA and whether your holdings are mainly funds or ETFs/ITs/shares, and also how much dealing you do.
Share dealing has decreased from £11.95 to £6.95, but there is now a £1.95 charge to buy and sell funds when previously there was no charge.
I hold mainly ETFs in both my ISA and SIPP, so my SIPP will now be slightly cheaper (maximum platform cost for holding ETFs is reduced from £200 to £150). My ISA however will be considerably more expensive (the platform cost for holding ETFs has increased from a maximum cap of £45 to £150).
My initial thoughts are that I will leave my SIPP where it is (I am in drawdown and HL do provide great customer service), but I will move my ISA to AJBell or maybe someone else.
I would think other providers will be competing to take the SIPPs/ISAs of people who have decided to move, and there will be some good cash back offers coming out soon for transfers.

Edit: I should have also added that fund holding charges have been reduced from 0.45% to 0.35%, so if one mainly holds funds, then costs will be reduced.
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AJBell always seems like a more traditional firm like HL.

Why wouldn’t you go to something like trading212.

The fintechs are far cheaper and still just as well regulated and protected as the more traditional investment firms. Plus the apps are far more intuitive and easy to use.
 
MonkeyLove said:
AJBell always seems like a more traditional firm like HL.

Why wouldn’t you go to something like trading212.

The fintechs are far cheaper and still just as well regulated and protected as the more traditional investment firms. Plus the apps are far more intuitive and easy to use.
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That’s a fair point, and I probably should look into these. As you say, I have up until now tended to stick to the more traditional providers.
 
Fletch said:
One daughter (no) has house deposit savings mostly in a S&S ISA , I’m assuming she’s likely to try get first house in 2-3 years time . Is it best to get in In the bank now , less risk , as wouldn’t recover in time if markets crashed
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It depends on lots of factors, including risk tolerance, and individual circumstances. One person might be happy to roll the dice and just keep it there, another would have had it in just a cash ISA in the first place.

If it was me I'd probably diversify the risk by keeping half in the S&S ISA, in something sensible like a global tracker or across a range of not silly funds, and put the other half in a cash ISA. Then, continue to add to both up to the withdrawl, while considering drip-feeding more from the S&S ISA closer to the time. What I'd absolutely not do is try to 'time' the market because it'll drive you insane and it is probably way above anyone's pay grade on this board (definitely mine!)

Whatever you and your daughter choose, the good news is it hasn't been stagnating in a current account or been stored under the bed, so you've 'won' regardless.
 
MonkeyLove said:
I had an email from Hargreaves Landsdown this morning significantly cutting their fees it looks like from 1st March.

I presume the likes of 212 and Plum are shafting their business model. Probably still a lot of older clients who would trust HL with 100k + that wouldn’t trust 212 with that (Even though both have the same protection) but you have to think as older/less digital savvy customers go then they will still have to do far more to compete.

Been reading a lot over the last few days how minerals and power are expected to thrive in 2026. You can get some risk spread ETFs from the big players in both sectors if you want to play conservative but it doesn’t sound like a pump. There is a recognised Global mineral shortage in some key rare earths and more common areas like copper at a time when demand is going through the roof.

Likewise AI demands huge amounts of power and the sector could do well this year in the same way data centres delivered ridiculous returns last year.

I still think an S&S ISA is a solid long term investment but with Trump in post people will have to be prepared to experience volatility.
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It's quite a sneaky email. They've decreased their trading fees for shares, but simultaneously significantly increased their account fees as well as introducing trading fees for funds.

I only use my LISA so it suits me. The FX fees put me off having a normal S&S ISA or SIPP with them.
Barista said:
That’s a fair point, and I probably should look into these. As you say, I have up until now tended to stick to the more traditional providers.
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Interactive Brokers & Trading 212 are both good options for an ISA.
 
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How does paying tax work on any profits you make on T212?

I have a S&S Trading account and play with small amounts, but if I upped it and made some profit how do i know what tax to pay on it?
 
Select coaches said:
Interactive Investor announced a cut a month or 2 ago. £14.99 for running a SIPP & ISA with no %age charges. Much better imo than any scheme that charges fees based on percentages.

Blackrock world mining trust is up 60% last 3 months and pay reasonable dividends.
Click to expand...

Yup. I'm in the process now if moving my SIPP from HL to Interactive Investor. I've been happy with the HL platform but the time has come to get a better deal.
 
Darlo1973 said:
Yup. I'm in the process now if moving my SIPP from HL to Interactive Investor. I've been happy with the HL platform but the time has come to get a better deal.
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I was just considering moving my SIPP.

I set up a SIPP with Invest Engine a couple of years ago but got an email last week saying they were changing how they manage it. The new portfolio investment "has a fixed risk profile and does not automatically change over time."

While I have the option to self manage and acquire alternative ETFs, I think I'd like someone to manage it or at least take my age into consideration and reduce risk as I get older.

Do providers such as T212 / HL / Interactive Investor manage SIPPs in this way or is it better just to keep it where it is and research the best way to self manage it?
 
Alchemist said:
I was just considering moving my SIPP.

I set up a SIPP with Invest Engine a couple of years ago but got an email last week saying they were changing how they manage it. The new portfolio investment "has a fixed risk profile and does not automatically change over time."

While I have the option to self manage and acquire alternative ETFs, I think I'd like someone to manage it or at least take my age into consideration and reduce risk as I get older.

Do providers such as T212 / HL / Interactive Investor manage SIPPs in this way or is it better just to keep it where it is and research the best way to self manage it?
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Invest Engine is a new company that makes huge losses every year. It isn't somewhere I'd want to park a significant portion of my retirement savings.

With that in mind, I'd either leave it where it is and take the risk of the fixed risk profile (if the pot was small). Or move it all out of Invest Engine.
 
Matt Hopkins said:
I looked at interactive investor but just couldn't get my head round the notional split they do with the SIPP
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That's only for drawdowns and I'm a few years away from that so I haven't really looked at it. I could change provider again before then.

I will see how this HL transfer goes then I have another former workplace pension that I'd like to move too but I thought it would be safer to do one at a time.
 
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