Cavendish Online

Cavendish Online is an independent advisor offering a funds supermarket through Fidelity FundsNetwork. Their aim is to obtain the best possible discount for their clients and to reinvest all of the initial and renewal commission wherever possible.

Cavendish Online, discount broker, execution only, UK, investments on-line,
Cavendish Online are UK based Execution Only Discount Brokers for investments and life insurance


Deal in 1,757 funds from 57 providers at zero initial charge, in exchange for an initial fee of £20 (e-mail set-up) to £25 (postal set-up) for new investments, plus an annual administration fee of £10 which is set against rebated annual renewal commission (typically around 0.5% p.a.).

The holder of a portfolio worth £5,000 would therefore receive a rebate of £15 (i.e. £25 - £10) for that year. If the portfolio subsequently grew by 10% to £5,500 over the next year, the annual rebate would rise to £17.50.


In order to benefit from the favourable charging structure, you can transfer your existing funds into the Cavendish service at a cost of £20 per plan.

Fidelity FundsNetwork supplies all the research and tools. Navigation is pretty straight forward from the left-hand menu.

As for life assurance from all the major providers, Cavendish Online charge a one off fee to set up a life policy of £35, passing on all commission where possible to the client.

Cavendish Online has been Martin Lewis' of MoneySavingExpert top pick for over ten years.