Hargreaves Lansdown, the UK’s leading investment and savings platform, today announces forthcoming changes to its fees to deliver greater value to clients and align with their needs and behaviours.
These changes are a part of Hargreaves Lansdown’s ongoing investment in its products, service, and client experience, and the first major change to HL’s fee structure in over 10 years. More details can be found here.
This is an investment in value costing the business tens of millions of pounds.
As a result of the changes:
- 8 in 10 clients will be better off or pay the same; 5 in 10 clients will be better off
- 94% will see a reduction, pay the same or see an increase of no more than £5 per month
There are three core changes:
- A reduction in platform fee (0.45% to 0.35%)
- Share trading fee falls from £11.95 to £6.95 per trade (or free on regular saving)
- Introduction of a small fund dealing fee of £1.95 per trade (or free if on regular saving)
The introduction of the fund dealing fee results from the significant change in client behaviour over the last 12 years when prices were last updated, with more people now trading in funds than was the case before.
In addition, HL’s Ready Made Pension Plan will also become even greater value, with the account charge applied to the holding falling from 0.45% to 0.15% (while the fund charge remains at 0.30%).
That means our clients have access to the great value of a Ready-Made pension solution for an all-in cost of 0.45% – cheaper than most Workplace pensions.
In more detail, the key fee changes are as follows (further information in tables below):
- Stocks and Shares ISA and Self-Invested Personal Pension (SIPP) accounts: Account charges will be reduced from 0.45% to 0.35%.
- Fund and Share Accounts: Account charges for holding funds will also fall from 0.45% to 0.35%. A new charge of 0.35% will be introduced for holding shares, with a cap of £150 per year per account (including investment trusts, ETFs and bonds).
- Trading/Dealing Fees: The fee for buying or selling shares online will be reduced from £11.95 to £6.95 per trade. A new charge of £1.95 per trade will be introduced for buying or selling funds online.
- Regular Investing: Clients who invest monthly via Direct Debit or elect for dividend reinvestment will continue to trade for free.
Richard Flint, Interim CEO, commented:
“Hargreaves Lansdown was founded over 40 years ago to deliver the best products and the best support at the best value. These changes will see HL become even greater value for our clients and make investing even simpler and more accessible. This investment in value comes alongside a number of other recent investments, including an upgraded app, new product offerings and partnerships to being even greater experience and range of choice to our clients.
“At Hargreaves Lansdown, we believe that price is an important part of value alongside the trust our clients place in us, the breadth and quality of our investment options, and the support we provide in every single interaction.
“We remain focused on helping clients achieve their goals, and we look forward to continuing to invest in our technology, our people, and our services in the years ahead as we keep raising standards across our platform.”
Clients can review the new charges and use Hargreaves Lansdown’s online calculator here to understand the impact on their individual investments. All changes will be applied automatically from 1 March 2026.
Simon Belsham, Chief Client Officer of Hargreaves Lansdown, added:
“Hargreaves Lansdown’s founding principles of delivering the best products, the best support and the best value remain at the heart of our business. Over the past four decades, we’ve consistently adapted to meet the changing needs of UK savers and investors, and today’s fee changes are a continuation of that commitment.
“Our scale and expertise allow us to deliver an award-winning service that supports clients at every stage of their financial journey. We’re proud to serve over two million clients across the UK and will continue to invest in our proposition, so that as their needs evolve, we are always there to help them achieve their goals.”
With more than two million clients now choosing Hargreaves Lansdown as the home of their investments and savings, the business remains committed to strengthening its value proposition and supporting client needs
