Hargreaves Lansdown overhauls fees in face of rising competition
7 Articles
7 Articles
Hargreaves Lansdown to cut fees and introduce fund dealing charge
Changes mark the first major update to HL's fee structure in over 10 years The post Hargreaves Lansdown to cut fees and introduce fund dealing charge appeared first on Investment International.
‘The cost cat among the pigeons’: Hargreaves Lansdown cuts platform fees
Hargreaves Lansdown will cut its account charges by 10 basis points, from 0.45% to 0.35%, marking the company’s first fee change since 2014, and at a cost of “tens of millions of pounds” to the business. The new lower ongoing charges, which will come into place from 1 March this year, are applicable on SIPP accounts and Stocks and Shares ISAs. Elsewhere, account charges for holding funds have been cut by 10 basis points to 0.35% Buying and selli…
Hargreaves Lansdown overhauls fees in face of rising competition
The UK’s largest DIY investment platform is reducing fees for roughly half of its 2m-plus customers as it continues to face escalating competition within the industry. Hargreaves Lansdown said it will cut its annual account and share dealing fees, but add a charge for fund trading in its first overhaul of pricing in more than a decade. The move will cost the company, which was bought by a number of private equity firms including CVC Capital Part…
Hargreaves Lansdown announces fee changes to deliver even greater value for clients
Hargreaves Lansdown, the UK’s leading investment and savings platform, today announces forthcoming changes to its fees to deliver greater value to clients and align with their needs and behaviours. These changes are a part of Hargreaves Lansdown’s ongoing investment in its products, service, and client experience, and the first major change to HL’s fee structure in over 10 years. More details can be found here. This is an investment in value cos…
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