Exit Fees

Hargreaves Lansdown investors can leave for free as it drops exit fees

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About time. Exit fees should be something of the past - penalising people for leaving is bad business practice.

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It’s good timing to do it before it’s forced to do it by the regulator. It means better publicity. To some extent it’s just less faff for customers rather than saving money. Competitors like Fidelity regularly offered to pay your exit fees.

Maybe I’ll consider moving my SIPP now.

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I wonder why they’re urging other providers… jokers HL

Is this effective immediately?

I have a VERY small ISA with them and was put off from transferring to Freetrade because of the extortionate fees

Hopefully this means I can transfer now without paying £

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It’s a shame that none of the stories mention freetrade.

Try making more noise to the press, prepare a statement for when the next broker drops their fees. Don’t congratulate them, hammer them for fleecing their users for so long, be militant about it.

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