Saga Share Direct

Saga share direct (run by Equiniti) has imposed a 0.35% Annual Administration charge for all it's accounts from 8/1/2018. Saga for years has run an admin free service for it's 60 years plus investors. With a 250k portfolio this has come as a bit of a hit. I would welcome any advice/input from forumites as whether this 0.35% is a standard/reasonable fee across the industry.
Thanks for any input

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