Exit charge calculator
The idea of moving investments to another platform can fill us all with dread. That’s because we fear that providers will be uncooperative, take forever and even lose our precious investments! However, the Financial Conduct Authority (FCA) has imposed rules that mean that platforms need to transfer within a reasonable time frame. It can now be done in a matter of days, if not hours.
Some platforms charge an exit fee which can put investors off from switching. This exit charge calculator will not only tell you if there’s an exit fee to be paid, but will also tell you about any promotions at other DIY investment platforms.