Managed Direct

A fully managed, low cost online ISA and Pension investment service designed for you without any advice fees.

Many people require face to face advice in order to deal with large or complex issues.

Many others, however, do not require this level of service, but equally don't want to take on the responsibility of running everything themselves. ​

This is why we offer Managed Direct - provided by Intelligent Money with investments managed by Quilter Cheviot - where there are no advice fees, yet everything is fully managed for you.

Keeping Charges Low

Charges can have a massive impact on investment returns and Managed Direct is designed to keep charges to a minimum.

There is a one-off transaction fee of 1.5% to process investments and then a low and fully inclusive annual management charge of 0.87% and Sheppard Financial Services's 0.5% annual support fee.

Compare this to the UK's largest, FTSE100 listed, leader of non-advised investing. This company charges between 1.78% to 1.91% a year for a similar service (but without Managed Direct's ability to have risk managed down over the years).

These charges may not sound much higher, but on a £50,000 investment you will lose up to £764 over 5 years, £3,227 over 10 years and a staggering £12,871 over 20 years.

Alternatively, someone starting investing today at constant £200 per month for 40 years would lose up to £40,341 to these additional charges.

All calculations above assume 7% annual growth before charges.