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Halifax halifax stakeholder to Standard Life pension?
takesyourchances
Posts: 828 Forumite
I have been paying into a Halifax Stakeholder pension from around my mid 20's I am 33 now and there is around £15,000 in it. I am a lower rate tax payer and my employer has been putting £50 month in and I am putting in £100 at the moment. I want to put more into my pension but it has been in the back of my mind that the Halifax is not the best option for my pension now as I plan my finances for the long term.
I have a S&S ISA and invest in the Vanguard Lifestrategy 60% as a core and have 5 satellite funds and have been learning a lot through this. At the moment I will be using my cash and S&S ISA allowance up.
My pension is the next thing I want to look into as I want to pay some more in per month but feel my pension could be in a better place than with a bank like Halifax.
I was considering an SIPP and did think of another VLS, but I have my S&S ISA and the VLS core and 5 side funds so I am conformable contributing to these for the long term and going DIY. So I am thinking of a better pension provider than Halifax that I could transfer my pension to and feel it is with a better provider and investing in a wider spread and I am happy to leave it managed rather than selecting like in my S&S ISA which I am happy with.
I have been looking at several providers and have been looking at Standard Life Pensions and their Strategic Lifestyle MyFolio Managed, I was looking at their options maybe IV.
http://www.standardlife.co.uk/1/site/uk/pensions/products/ampp
The Stakeholder I have with Halifax is mostly FTSE All Share based and Gilts etc and I would prefer my pension to be more diverse globally.
Any opinions if this seems a sensible option to transfer my Halifax pension over to and for my employer to pay in as well when I would change providers and I would increase my own pension payment once I feel it is in a better place than a bank as such.
Thanks in advance for any input.
I have a S&S ISA and invest in the Vanguard Lifestrategy 60% as a core and have 5 satellite funds and have been learning a lot through this. At the moment I will be using my cash and S&S ISA allowance up.
My pension is the next thing I want to look into as I want to pay some more in per month but feel my pension could be in a better place than with a bank like Halifax.
I was considering an SIPP and did think of another VLS, but I have my S&S ISA and the VLS core and 5 side funds so I am conformable contributing to these for the long term and going DIY. So I am thinking of a better pension provider than Halifax that I could transfer my pension to and feel it is with a better provider and investing in a wider spread and I am happy to leave it managed rather than selecting like in my S&S ISA which I am happy with.
I have been looking at several providers and have been looking at Standard Life Pensions and their Strategic Lifestyle MyFolio Managed, I was looking at their options maybe IV.
http://www.standardlife.co.uk/1/site/uk/pensions/products/ampp
The Stakeholder I have with Halifax is mostly FTSE All Share based and Gilts etc and I would prefer my pension to be more diverse globally.
Any opinions if this seems a sensible option to transfer my Halifax pension over to and for my employer to pay in as well when I would change providers and I would increase my own pension payment once I feel it is in a better place than a bank as such.
Thanks in advance for any input.
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