We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
Sippdeal ETF Investing.
SavingTom11
Posts: 12 Forumite
Hi all,
I have looking at a SIPP provider that will allow me to invest in ETF funds, and not charge an additional fee for doing so (like the h-l SIPP). The only provider I can find that seem to offer this is sippdeal. Looking a their charges, it appears similar to the h-l SIPP they have no annual fee, and no other charges apart from the standard dealing fee.
The only thing I was unclear about is what is done with any dividends from the ETF's ?
Has anyone else gone down this route, advice/comments much appreciated.
I have looking at a SIPP provider that will allow me to invest in ETF funds, and not charge an additional fee for doing so (like the h-l SIPP). The only provider I can find that seem to offer this is sippdeal. Looking a their charges, it appears similar to the h-l SIPP they have no annual fee, and no other charges apart from the standard dealing fee.
The only thing I was unclear about is what is done with any dividends from the ETF's ?
Has anyone else gone down this route, advice/comments much appreciated.
0
Comments
-
They probably land in the SIPP's cash account. It's best to let them mount up (typically they would earn interest but not a lot at present) and reinvest them as a lump once a year, otherwise you would lose out because of the dealing fee.Trying to keep it simple...
0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 352.4K Banking & Borrowing
- 253.7K Reduce Debt & Boost Income
- 454.4K Spending & Discounts
- 245.4K Work, Benefits & Business
- 601.2K Mortgages, Homes & Bills
- 177.6K Life & Family
- 259.3K Travel & Transport
- 1.5M Hobbies & Leisure
- 16K Discuss & Feedback
- 37.7K Read-Only Boards