Yeah that was one on my mind as well a non ISA ātradingā type of account with full universe accessā¦ is there a lot of want for that??
The other option I was thinking of is kind of like you said with the meme stocks. A further split of the universe. Maybe FTSE 350 or something like that. But my concern with that is itās not really providing value to the customer, itās just artificially splitting access to the market.
My hope (though not holding to much to be disappointed) is that weāll see new features along side it, as that at least to me provides added value
Oh, I absolutely agree and not to be misunderstood about that.
What I meant by not good value for me at the moment was that because I donāt have enough money to pay more than about a quarter of my ISA allowance, I donāt have much cash sitting around and therefore wouldnāt make much use of the interest received and I have to be very careful with what I invest in. Therefore, while lack of access to
some of the Plus stocks frustrate me, it wouldnāt be worth the Ā£10 to access them.
With that said, some special offer such as Ā£100 for a year access to Plus might have tempted me, but the flat fee of Ā£10 per month doesnāt.
Ok, I like that. I remember doing a survey last year which suggested plus with the combined SIPP
I have a old pension with another provider, that would now make it beneficial to move it, Iāll have to dig out the paperwork to see what theyāve been charging meā¦
I found the SIPP quite good value at Ā£7. This is great as a user but as an investor I hope it drives some growth in Plus accounts to atleast replace any lost revenue from bundling into Plus.
Including the SIPP definitely makes it better. Ā£10 instead of Ā£17, tho a big chunk of money lost for freetrade but maybe corrected by more subscribers overall
Once my free months of SIPP are done Iām going to have to move it around again to freetrade I think. And reorganise where all my accounts are
So weāre basically looking at an ISA and full universe for Ā£5, and ISA, SIPP and full universe for Ā£10
So those who had a separate ISA are looking at a price increase but more stock selection. But those on plus with a SIPP are looking at a significant price decrease
I wonder what will happen to those already paying Ā£3 for an ISA?
Youāre unlikely to get any confirmation about future actions especially with a āneverā time scale. I would suggest it is unlikely, Freetrade are push to increase their AUA/AUM. Encouraging people to sweep up old pensions into a Freetrade SIPP is a very good way of doing this.
