I reveal the unbelievable HIDDEN COSTS that your direct platform will not tell you about! This is important information to know before trying to choose the cheapest investing platform in the UK.
⏰ TIMESTAMPS ⏰
0:00 Start
1:10 The Problem With Cutting Costs
1:30 Investment Pre-funding
4:46 Targeted Charging
5:54 Pension Plan Splitting (Using Small Lump Sum Rules)
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🎬 ABOUT THIS VIDEO 🎬
Major direct to consumer investing platforms, including the likes of Vanguard, Freetrade, Interactive Investor, Hargreaves Lansdown and AJ Bell can COST you more than you think 🤔🤔🤔
There are features on many adviser led investment platforms, which often carry the same or even lower platform charges, that can lead to better returns long term. The true cost of investing takes account of more than just charges.
A number of these cost saving features (such as investment prefunding) are described in this video, which proves that choosing the cheapest investing platform is about more than just looking at headline investment platform charges.
*** DISCLAIMER ***
The content in this video is provided for information and entertainment purposes. It should not be construed as direct or indirect financial advice. You must throughly research any potential financial or investment decision and fully understand the risks before taking it. If in doubt, you should seek individual advice from a professional adviser.
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