Sipp low risk investments help

byebyedebt

SIPPs for National Savings. Now in theory National Savings are allowed in a SIPP, but I have not been able to find a SIPP provider that will actually hold them. For example HL will allow funds, PIBS, shares etc (ie everything that earns them a commission, but not national savings.)

Anyone know of a SIPP package that allows National Savings Products?

Iancfp

You should be easily able to find an IFA who can find a product cheaper than HL where the advice can be included as well and full investment advice included. Try the search engine on the Citywire website which will give you the right type of adviser.

There are some other questions to be asked in terms of what you are trying to achieve;

Is it high income? Given your age annuities offer more reasonable value and following cuts in GAD rate may offer higher income - it may be time to annuitise at least part of fund.

Is it death benefits? Remember that post age 75 all funds have the lump sum death benefit tax applied

Gatser

byebyedebt wrote: »

SIPPs for National Savings. Now in theory National Savings are allowed in a SIPP, but I have not been able to find a SIPP provider that will actually hold them. For example HL will allow funds, PIBS, shares etc (ie everything that earns them a commission, but not national savings.)

Anyone know of a SIPP package that allows National Savings Products?

Yes.
I cannot find a cheap SIPP provider to do this, but that is fair and reasonable because they make ZERO from NS&I products.

take a look at :
HORNBUCKLE MITCHELL & INVESTACC(Minerva SIPP)

I know which I prefer (and have gone with)...what do you think?

Loughton_Monkey

Off the point, I know, but shouldn't you be thinking a bit more about drawing some of this down sooner rather than later? Leave it too long, and I'm wondering if you are getting into danger of paying higher rate tax when you eventually draw down.

CannySaver_2

Gatser wrote: »

Yes.
I cannot find a cheap SIPP provider to do this, but that is fair and reasonable because they make ZERO from NS&I products.

take a look at :
HORNBUCKLE MITCHELL & INVESTACC(Minerva SIPP)

I know which I prefer (and have gone with)...what do you think?

There are loads, a few suggestions (not advice you understand!)

European Pensions Management (they offer a Cash only SIPP, logic would dictate this extends to NS&I but I don't know for sure)

Suffolk Life (opening a new cheaper SIPP later this month)

Talbot & Muir

SIPP Centre (in fact any of AJ Bell's SIPPs)

Carey Pensions

The list could go on, let me know if you want more suggestions.#

Ther Canny Saver