Due to the outbreak of coronavirus, we want to help our self employed community wherever we can. That's why we've decided to waive our Penfold administration fee for the first £25,000! This will last for at least 6 months, from the outbreak in March, and we hope to extend it even longer.
This means that you will only pay BlackRock's 0.17% investment platform fee - who invests your money - for investing your money.
If you have more than £25,000, you'll only pay the administration fee on the amount above this, which is 0.58% (or 0.75% in total, if you include BlackRock's fee).
We have no other fees, for exiting, transferring or receiving documents.
Take a look at our blog here on why and how we've waived our fee.