Effective date: 1st September 2022
Our fees for our investment accounts are as follows ("Fees Document");
Please note this fee will be deducted from your pension account at the time of making the transfer out payment.
Please note, if you have an ISA, a GIA and a Junior ISA, you will pay £1 in total each month for all accounts.
We collect our fees from each of your accounts on the 10th of each month, or the next working day.
The amount we collect for the platform fee is calculated using the value of the account on each day of the previous month. For example, for an account with a 0.45% platform fee, we take 1/365th of 0.45% and apply it to the value in the account at the end of each day and add those all up to give a monthly total.
We collect both the fees from any uninvested cash in your accounts. If there is not enough cash to cover fees, we will sell down enough of your highest value fund in each account to cover the fee.
The £1 monthly subscription fee for ISAs, GIAs and JISAs is collected from uninvested cash in the first ISA or GIA you opened with us.
The subscription fee applies at the end of each month and will be collected on the 10th of the following month (or next working day) or from the closing balance if you are closing the account. Part months will still be charged £1.