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Stakeholder for child

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I set stakeholders up for both kids and the eldest is shortly about to turn 21. I then plan to stop my contributions. She will then (hopefully) go on to have her own pension with future employer.

Given that the stakeholder will now sit with no further contributions for around 35 years I want to ensure it is sitting in the appropriate funds and with the appropriate provider.

Currently is is with Aviva and split 50% between Alliance Trust Sustainable Future Absolute Growth and Blackrock Aquila US Equity Index Tracker.

Aviva charges are 0.9% with a 0.1% annual rebate.

There is no additional Fund Manager Expense charge.

Current valuation is £17k. (net contributions to date have been around 9k so reasonable happy with underlying performance to date)

Any views as to whether Aviva and these funds are a reasonable place top park the stakeholder going forward?

If any more information is required please let me know.

Thanks in advance.

Comments

  • ss53
    ss53 Posts: 90 Forumite
    I should add one thing.

    It is possible that my daughter may take an active role in the pension going forward and may end up consolidating into other provisions.

    So I just want to ensure that I have left it it the best place until (and if) she wants to take control herself.
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