Can you avoid Brokers for monthly ETFs setup?

[whiz]

Hi Guys,

I want to set up a monthly standing order to buy ETFs. I did some research and I was interested in ETFs that Aviva and Friends First offered, which would allow investment via standing order . However when I contacted both firms, both them said I must go through a broker which will incur costs.
My question is there any firm that I can set up monthly ETF with and avoid a broker in the setup ?

Any response appreciated

 

[RedOnion]

The products from those companies aren't ETFs.

 

[whiz]

Aviva do offer ETFs,. But my question still stands is there any firm that I can set up monthly ETF with and avoid a broker in the setup ?

 

[Gordon Gekko]

Forgive my ignorance; can you not just set up an account with DeGiro and purchase unit on a monthly basis?

Whether you go through DeGiro or Friends First, they’re both intermediaries of a kind.

 

[whiz]

You can't setup standing order or DD in Degiro, thus you need to remember each month to buy ETFs...Which is hassle

 

[landlord]

Whiz....
You don’t set up the standing order with Degiro you set up the standing order with your bank simply instructing them to send X euros worth of cash every month to DEGIRO. From there it is extremely easy and quick to purchase a share using the DEGIRO platform.

 

[Gordon Gekko]

It seems that people want the convenience of somebody else handling the administration, but don’t want to pay anything for the privilege.

 

[RedOnion]

Just bear in mind that most of those products from life companies, even where it's invested in a listed security, attract a government levy, so you're 1% down straight away before fees.