Hargreaves Lansdown slashes account fees to 0.35% in charges overhaul

Annual account charges will drop from 0.45% to 0.35% on stocks and shares ISAs and self-invested personal pension (SIPP) accounts. Charges for holding funds in fund and share accounts will be reduced by the same margin and a charge of 0.35% will be added to hold shares. Account charge limits will also be added for shares and HL clients will never pay more than £150 a year for holding shares, an increase from the previous annual £45 cap on stocks and shares ISA holding and dealing charges. The cost of buying or selling shares will fall to £6.95 from £11.95 per online trade, and even...