Fees price war sparked by Hargreaves Lansdown

Adrian Holliday
APTOPIX BRITAIN MARKETS
APTOPIX BRITAIN MARKETS

The UK's largest broker, Hargreaves Lansdown (HL), is slashing fees with around half a million UK ISA and pension online investors likely to gain from reduced charges. The move, forced by new rule changes, could spark a price war from other brokers.

From March, Hargreaves savers with up to £250,000 will be charged a basic admin 0.45% fee a year. How much of a saving is this really? %VIRTUAL-SkimlinksPromo%