Drip Feeding

sunil1234

Hello Ladies and Gents

After a few years of neglecting my finances, i am finnaly sorting them out and cashing in some duff endowments and bonds and putting them into Unit Trusts and transferring my pension funds from 2 underperforming providers into a HL SIPP (some money has already gone in at 10k into ISA and SIPP from initial cashing in and i spread it across 8-10 funds in both (differing funds))

However the pension funds total around 60k and the remaining endowments around 70k so, when the pension transfer comes in as cash into the SIPP and same for the endowments cash to go into Unit Trusts, over how long a time period should i drip feed it in (6 months at 10k per month each or shorter perhaps to get fully invested sooner)
.
I am 38yrs old so looking around 15yrs ahead.

Many thanks

Sunil

dunstonh

transferring my pension funds from 2 underperforming providers into a HL SIPP

pension providers dont underperform. Indeed, they dont perform at all.

I am 38yrs old so looking around 15yrs ahead.

One assumes longer that that as its below the minimum age for crystallisation.

over how long a time period should i drip feed it in

Its impossible to say what will be best. Only time will tell and unless you have a Tardis that wont be much use to you.

sunil1234

dunstonh wrote: »

pension providers dont underperform. Indeed, they dont perform at all


One assumes longer that that as its below the minimum age for crystallisation.



Its impossible to say what will be best. Only time will tell and unless you have a Tardis that wont be much use to you.

Ok lol, i can see they were loaded questions:p. What i meant to say was

1) Yes i have neglected my paid up pension fund investment reviews for the last 3-5 years and left them languishing in funds under mgmt by NPI/ Pearl. Still they are back to their pre 2008 levels so i guess it could have been worse.

2) Ok 17 years to 55 then lol

3) Ok, i have decided to drip feed in over 3 months across a spread of 10-15 funds. The endowments cashing in come to around £95k (less the £8k already received and invested) and then Pension fund transfers around £63k (less the £10k already invested from Endowment proceeds)

thanks