Investors wanting to compare costs on open-ended funds can use a new fund platform comparison website to find the cheapest deals.
The site, www.comparefundplatforms.com, is free to use and allows investors to find the cheapest deals on the funds that they hold in their portfolio or are thinking of buying.
The service features 2,858 funds across six fund platforms, with more to follow over the coming weeks. Investors can select their favoured funds, including options for share dealing and whether they wish to hold the investments within an individual savings account (Isa) or self-invested personal pension (Sipp), and then view projected returns after all charges and commission rebates.