Hargreaves Lansdown has topped the Platforum's first list of Britain's best D2C platforms despite charging a higher price than many competitors.
The platform comparison site set up accounts with 12 direct-to-consumer fund supermarkets and tested them over six months on factors such as service, ease of use and responsiveness, as well as price. Hargreaves - which recently unveiled its post-RDR pricing structure - received top scores in every category other than cost, where it was "at the top end of the scale for larger portfolios". Fidelity Personal Investing claimed second place with "consistently" high scores across all categories and particular strength in guidance. Three platforms tied for third place - Barclays Stockbrok...
To continue reading this article...
Join Investment Week for free
- Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
- Get ahead of regulatory and technological changes affecting fund management
- Important and breaking news stories selected by the editors delivered straight to your inbox each day
- Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
- Be the first to hear about our extensive events schedule and awards programmes