Why should I use an investment platform?

Setting aside the question of whether you should invest or not (Learn section will help), investing in funds through a platform has significant advantages and can work out cheaper than other routes.

With a platform, you have a wide choice of funds from different managers. Access to other investments may also be available, such as investment trusts, shares, ETFs, corporate and government bonds.  You can split your portfolio between different funds run by different managers but hold them together in one place and it is quicker to switch between funds when you want to make changes to your investments.

You can also transfer existing investments into your platform account. This means you have a better overview of your finances and can monitor the progress of all your investments in one place.

Article is accurate at date of writing.