August 22, 2014

Fidelity: Our DIY investing fees to be cheaper than our rivals

Fidelity personal investing has revealed that it expects its new RDR-friendly fees to be cheaper for the majority of investors compared to the pricing from its competition.

Speaking to Bloomberg, Mark Till, head of personal investing at Fidelity stated:

“Our new fee structure will be cheaper for the majority of investors based on what we have seen.”

Barclays Stockbrokers and Fidelity are two of the largest players in the DIY investing industry that are still yet to confirm their new pricing structure.

Fidelity’s announcement is expected to happen this week.

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