Annual charges
Annual charges are what you pay each year for holding different investments with HL. Here's how they’re calculated.
Annual charges explained
Your annual charge is how much you pay us to hold investments in each account. The investments you choose may have their own separate charges, which can be found on the investment's factsheet.
Your annual charge is a percentage of the value of your investments, calculated and collected each month.
What you pay may be different each month as your investments change in value.
This charge applies to each account separately.
Stocks and Shares ISA
Funds
What you pay is based on the value of your investments. Charges are calculated in bands: 0.45% each year on the first £250,000 of funds, 0.25% each year on the value of funds between £250,000 and £1m, 0.1% each year for funds between £1m and £2m, and no charge on the value of funds over £2m.
| Value band | Charge |
|---|---|
£0 - £250,000 | 0.45% |
£250,000 - £1m | 0.25% |
£1m - £2m | 0.1% |
Over £2m | No charge |
Other Investments
| Value | Charge |
|---|---|
Any | 0.45% (capped at £45 per year) |
Fund and Share account
Funds
What you pay is based on the value of your investments. Charges are calculated in bands: 0.45% each year on the first £250,000 of funds, 0.25% each year on the value of funds between £250,000 and £1m, 0.1% each year for funds between £1m and £2m, and no charge on the value of funds over £2m.
| Value band | Charge |
|---|---|
£0 - £250,000 | 0.45% |
£250,000 - £1m | 0.25% |
£1m - £2m | 0.1% |
Over £2m | No charge |
Other Investments
| Value | Charge |
|---|---|
Any | No charge |
SIPP
Funds
What you pay is based on the value of your investments. Charges are calculated in bands: 0.45% each year on the first £250,000 of funds, 0.25% each year on the value of funds between £250,000 and £1m, 0.1% each year for funds between £1m and £2m, and no charge on the value of funds over £2m.
| Value band | Charge |
|---|---|
£0 - £250,000 | 0.45% |
£250,000 - £1m | 0.25% |
£1m - £2m | 0.1% |
Over £2m | No charge |
Other Investments
| Value | Charge |
|---|---|
Any | 0.45% (capped at £200 per year) |
Lifetime ISA
Funds
What you pay is based on the value of your investments. Charges are calculated in bands: 0.25% each year on the first £1m of funds, 0.1% each year on the value of funds between £1m and £2m, and no charge on the value of funds over £2m.
| Value band | Charge |
|---|---|
£0 - £1m | 0.25% |
£1m - £2m | 0.1% |
Over £2m | No charge |
Other Investments
| Value | Charge |
|---|---|
Any | 0.25% (capped at £45 per year) |
Junior SIPP
Funds
What you pay is based on the value of your investments. Charges are calculated in bands: 0.45% each year on the first £250,000 of funds, 0.25% each year on the value of funds between £250,000 and £1m, 0.1% each year for funds between £1m and £2m, and no charge on the value of funds over £2m.
| Value band | Charge |
|---|---|
£0 - £250,000 | 0.45% |
£250,000 - £1m | 0.25% |
£1m - £2m | 0.1% |
Over £2m | No charge |
Other Investments
| Value | Charge |
|---|---|
Any | 0.45% (capped at £200 per year) |
Junior Stocks and Shares ISA
There is no annual charge for holding investments in a Junior ISA.
Also in Fees explained
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