I'm new to UK and currently only have a cash ISA account at a major bank. I'd like to have ETF/mutual funds instead, but the bank's administrative fees for these assets feels way too high.
I found http://www.selftrade.co.uk and http://www.iii.co.uk which some people recommended, but I'm not sure how they differ from banks (e.g. in terms of asset protection in case of bankruptcy etc.).
Would appreciate any input!