Bestinvest launches execution-only platform

The Bestinvest Select service and SIPP gives investors access to ISAs, SIPPs, OEICs, unit trusts, shares, ETFs and cash. Investors with more than £50,000 assets on the platform or in the SIPP may receive an annual loyalty bonus of up to 0.5% on eligible funds. The Select service provides access to 1,800 funds with no dealing fees on funds and £7.50 fees on share dealing. Bestinvest said it will pay transfer exit fees up to £500 for investors moving their assets to the Select service. Peter Hall, chief executive of Bestinvest, said: "Keeping the cost of investing low and providin...