Moving pension money into isa

Daniel54

wooder wrote: »

You might as well argue that leaving it where it is and taking it as income in the future is going to be tax inefficient and costly.

I haven't done your numbers,but would expect the compound effect over time of paying income tax and drawdown charges ,simply to switch tax wrapper,would indeed be inefficient and ultimately more costly than paying small platform charge


The Fundsmith direct ISA has a 1% AMC ,as you know

https://www.fundsmith.co.uk/Lib/Documents/fs0413d_app_form_direct_ISA_web.pdf

I hold Fundsmith and am happy to do so.But I would not want to have my entire pension and ISA pots in one such fund,however good the track record so far.Just my opinion