Vanguard fee warning: small investors urged to act now after £4 monthly charge kicks in

Vanguard customers with portfolios smaller than £32,000 should review their account urgently to avoid overpaying, after a £4 monthly charge kicked in last month

Vanguard logo seen displayed on a smartphone with a graph in the background
(Image credit: Budrul Chukrut/SOPA Images/LightRocket via Getty Images)

Investment giant Vanguard has urged customers to review their account in light of recent fee changes, warning its service “may no longer be right” for them.

The investment platform introduced a £4 minimum monthly fee for DIY investors last month (28 February), having previously charged just 0.15% per year.

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How investment platforms compare – is Vanguard still competitive?

Investment platform

£5,000

£15,000

£25,000

£50,000

£100,000

£250,000

£500,000

£1,000,000

AJ Bell Youinvest

£31

£56

£81

£143

£268

£643

£893

£893

Aviva Consumer Platform

£20

£60

£100

£200

£375

£900

£1,525

£1,525

Barclays

£13

£38

£63

£125

£250

£525

£650

£900

Bestinvest

£20

£60

£100

£200

£400

£1,000

£1,500

£2,000

Charles Stanley Direct

£18

£53

£88

£175

£350

£875

£1,375

£2,125

Close Brothers A.M. Self Directed Service

£13

£38

£63

£125

£250

£625

£1,250

£2,250

Fidelity Personal Investing

£90

£90

£88

£175

£350

£500

£1,000

£2,000

Halifax Share Dealing

£150

£150

£150

£150

£150

£150

£150

£150

Hargreaves Lansdown

£23

£68

£113

£225

£450

£1,125

£1,750

£3,000

Interactive Investor (Essentials Plan)

£108

£108

£108

-

-

-

-

-

Interactive Investor (Investor Plan)

£144

£144

£144

£144

£144

£144

£144

£144

iWeb

£60

£60

£60

£60

£60

£60

£60

£60

Santander

£18

£53

£88

£175

£275

£575

£1,075

£1,575

Willis Owen

£20

£60

£100

£200

£350

£650

£1,025

£1,775

Vanguard (old pricing)

£8

£23

£38

£75

£150

£375

£375

£375

Vanguard (new pricing)

£48

£48

£48

£75

£150

£375

£375

£375

Ruth Emery
Contributing editor

Ruth is an award-winning financial journalist with more than 15 years' experience of working on national newspapers, websites and specialist magazines.

She is passionate about helping people feel more confident about their finances. She was previously editor of Times Money Mentor, and prior to that was deputy Money editor at The Sunday Times. 

A multi-award winning journalist, Ruth started her career on a pensions magazine at the FT Group, and has also worked at Money Observer and Money Advice Service. 

Outside of work, she is a mum to two young children, while also serving as a magistrate and an NHS volunteer.

With contributions from