Hargreaves Lansdown has removed and cut fees from several of its services, reducing the total cost for regular investors.
Yesterday (11 April), the firm said it would remove the charge of £1.50 per deal to invest in shares, investment trusts and exchange-traded funds through regular savings by direct debit, bringing the products in line with the active funds it offers. In addition, the firm removed the charges to reinvest dividend income into shares, which was previously charged at 1% of the reinvestment value, with a minimum charge of £1 and a maximum charge of £10. The changes will apply to new and existing clients. It comes after the firm cut platform fees on HL Lifetime ISAs to 0.25% last month, w...
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