How will new rules affect fees on investment platforms?

Fund supermarket Hargreaves Lansdown has overhauled its charges. New rules (under the Retail Distribution Review) mean that investment platforms such as Hargreaves Lansdown (HL) will shortly be banned from receiving trail commission from fund managers, when customers buy their funds through the platform.

As a result, customers will now pay an explicit fee to the fund manager, and a separate one to their fund supermarket.

As HL is such a heavyweight in the sector, with around 500,000 clients, the changes have been keenly awaited by both rivals and customers. So how does the new, more transparent pricing [...]

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Which investment platform?

When it comes to buying shares and funds, there are several investment platforms and brokers to choose from. They all offer various fee structures to suit individual investing habits.
Find out which one is best for you.