Barclays stockbrokers vs hargreaves lansdown

Barclays stockbrokers vs hargreaves lansdown

By: EvgenJekson Date: 25.05.2017

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Download the My BT App. Not signed up to My BT yet? In a comprehensive review of the investment platforms available, financial industry consultancy the lang cat has named Hargreaves Lansdown as the best all-rounder. Hargreaves Lansdown was given plaudits for its round-the-clock support, as well as its website layout, which was praised for showing investors exactly where their money is invested and enabling them to easily manage their investments.

Interestingly, despite awarding it top spot, the lang cat makes a point of highlighting that Hargreaves Lansdown is rarely the cheapest option, adding: And others charge more for less. Some flaws were picked out though, including high exit charges and its Wealth list of preferred funds, though as the lang cat pointed out for Hargreaves Lansdown to pick up the award despite these black marks shows that the rest of its service is exceptional.

AJ Bell You Invest took second spot — the lang cat flagged up that its charges are reasonable for all but the smallest funds, and there was extra praise for its web chat facility and the amount of information on its website. Investment platforms are essentially a single place where investors can manage their investments, whether that's in funds, stocks and shares or even more exotic assets.

Most let you handle the investments yourself, but some now offer to put together and manage a portfolio for you, based on your attitude to risk. Millions of overs not keeping track of their pension savings].

The lang cat picked out a host of other platforms that it felt deserved an award for more specific features. Retiready from Aegon took top spot here, with the lang cat saying it has lots to recommend it, particularly for those new to investing.

This is mainly because it is goal-based, and includes a lot of guidance, as well as a live chat feature. Hargreaves Lansdown took second spot, with an honourable mention for The Share Centre.

The runner-up was Interactive Investor. As the name suggests, this category is for people who want to buy some funds and keep them, rather than engage in regular trades.

Why the Greek tragedy shouldn't worry UK investors]. The Share Centre took second place. It deserves credit apparently for setting an example in removing set-up charges for flexible drawdown, as well as the annual charge, one-off payment charge and annuity set-up charge.

AJ Bell Youinvest was named runner-up, while there was an honourable mention for Fidelity Personal Investing. There was no winner in this award. The lang cat was looking for clarity and simplicity about the charges investors faced, with no unnecessary restrictions and an intuitive web service.

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What is an investment platform? Millions of overs not keeping track of their pension savings] Other award winners The lang cat picked out a host of other platforms that it felt deserved an award for more specific features. Best for beginners Retiready from Aegon took top spot here, with the lang cat saying it has lots to recommend it, particularly for those new to investing.

Best for buy and hold smaller funds As the name suggests, this category is for people who want to buy some funds and keep them, rather than engage in regular trades. TD Direct was named runner-up. Best for clarity There was no winner in this award. You should modify the document. Most Popular Most read Most shared. How to fix your Windows 10 Start menu.

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