What’s the best self-select Isa for regular investors?

With so many self-select Isas to choose from, what’s the best one for you? Phil Oakley looks at the most popular accounts to find out where you're best putting your money.

From next year, financial advisers will have to charge investors upfront for their advice, rather than making the money through commission.

One result is that many investors will take matters into their own hands and take control of their own finances. And one of the best ways to do that is to open a self-select individual savings account (Isa) with a broker.

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TD Direct Investing£12.50Free£1.50£1.50£50 + VatYes
Hargreaves Lansdown£11.950.5%, capped at £45£11.951%, min £10, max £50£75 + VatYes
Self Trade£12.50Inactivity fee £8.75 + Vat per quarter£1.50£1.50£15 per stockYes
Halifax£11.950.05% per month, min £2.16 per month, max £8.33 per month£22%, max £11.95£50 + VatYes
iii.co.uk£10£80£1.501%, capped at £10£15 per stockNo
The Share Centre1%, min £7.50£600.50%0.50%£20 + £15 per stockNo
Barclays£12.95£60N/a1%, max £7.50£50 + VatYes
iWeb£10Free£22%, max £10£50 + VatYes
Alliance Trust£12.50£48£55£50 + VatYes
Sippdeal£9.95Free£1.50N/ANilYes

Phil spent 13 years as an investment analyst for both stockbroking and fund management companies.

 

After graduating with a MSc in International Banking, Economics & Finance from Liverpool Business School in 1996, Phil went to work for BWD Rensburg, a Liverpool based investment manager. In 2001, he joined ABN AMRO as a transport analyst. After a brief spell as a food retail analyst, he spent five years with ABN's very successful UK Smaller Companies team where he covered engineering, transport and support services stocks.

 

In 2007, Phil joined Halbis Capital Management as a European equities analyst. He began writing for MoneyWeek in 2010.