Save £230 a Year By Switching to the Cheapest Fund Platform

Investors might not realise how vary the charge of fund platforms could cost them when investing their ISA investment - saving up to £230 a year

Karen Kwok 4 April, 2016 | 11:13AM

This article is part of our Guide to Maximising Your Pension, helping investors build up the maximum possible pension pot – and turn it into the maximum possible retirement income. 

ISA investors could save up to £230 a year by switching to a cheaper online platform, a new analysis from a finance consultancy found.

Investors might not realise how varied the cost of selling and buying investments is when investing their ISA allowance; thanks to lack of transparency on providers’ pricing and a lack of time to compare prices before investing in a fund platform.

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About Author

Karen Kwok

Karen Kwok  is a Reporter for Morningstar.co.uk

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