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Stakeholder or SIPP wrapper for index fund

plonkee · 2007-03-15 17:48:13

I apologise if this has been asked before. I have stakeholder pension with Virgin Money, invested 100% in a FTSE All Share tracker. This stakeholder has an annual charge of 1%. I could transfer this money to a Hargreave Landsdown SIPP invested 100% in a FTSE All Share tracker. THe SIPP would have no annual charge and the…

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plonkee Posts: 86 Forumite

3 April 2007 at 4:54PM

Just to add that I had a response from HL and the only charge on the HSBC FTSE All Share index fund is 0.25%, they do not levy additional charges on that fund.

By my calculations if you wanted a FTSE All Share Tracker in your pension fund, the cheapest way to do it is this HSBC one through the HL SIPP. I am not suggesting this is a solution for everyone/anyone else, but it works for me.

thoughts on personal finance @ plonkee.com
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Stakeholder or SIPP wrapper for index fund

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