We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
Switching pension savings
Mirador
Posts: 58 Forumite
I would of someone can help with the following question.
I am seriously considering moving my personal pension fund from AXA to a SIPP with iWeb. At the same time I will be rebalancing my portfolio, so removing 5 funds and adding 4 new ones.
So should I make these changes whilst still with AXA or change the ffunds once. I have switched. I am struggling to unravel the potential costs of each option.
Thanks
I am seriously considering moving my personal pension fund from AXA to a SIPP with iWeb. At the same time I will be rebalancing my portfolio, so removing 5 funds and adding 4 new ones.
So should I make these changes whilst still with AXA or change the ffunds once. I have switched. I am struggling to unravel the potential costs of each option.
Thanks
0
Comments
-
The platform charge is usually examined each month and the appropriate percentage applied.
As to the transfer, if the transfer will be a cash transfer then it makes no difference. If it is in specie transfer then would it not depend on whether the current funds are available in the new platform and whether either platform charge for fund switches.0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 351.7K Banking & Borrowing
- 253.4K Reduce Debt & Boost Income
- 454K Spending & Discounts
- 244.7K Work, Benefits & Business
- 600.2K Mortgages, Homes & Bills
- 177.3K Life & Family
- 258.4K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.2K Discuss & Feedback
- 37.6K Read-Only Boards