Cavendish and Personal Pension (one-off lump sum)

allavena

I'm looking into putting around 10,000£ into a pension fund, as a lump sum. I was considering a personal pension opened through Cavendish Online as they rebated some of the commission, but I sense some comments in this forum suggesting there may be better alternatives. Can people chip in or tell me if I'm going in a wrong direction?

Which personal pension is yet undecided, one with closed to the cheapest AMC and a range of funds. Likely Scotish Windows.


My specific circumstances:
I want to have outside review of the funds in which I invest (say morningstar or others). I'm not going to monitor the funds closely but I'll try to give an eye every few years.

I'm a 40% tax payer rate.

I am leaving the UK definitively early in the next tax year, and don't expect to come back nor retire there (I'm a foreigner). My wife has a defined benefit scheme from her employer (circa 15k) and I have a 10k H-L SIPP as well (which in retrospect likely wasn't what I wanted). We've only been in the UK for two years.
Based on this, I'm assuming grouping everything into an "offshore pension scheme" (don't remember the exact name) is unlikely to be worthwhile.

All comments / feedback appreciated.

Thanks
Andr!

dunstonh

Which personal pension is yet undecided, one with closed to the cheapest AMC and a range of funds. Likely Scotish Windows.

Scottish Widows is starting to look long in the tooth with their personal pension account. It should be easily beaten on price now. Their retirement account is a bit better but geared towards larger contributions.