We'd like to remind Forumites to please avoid political debate on the Forum... Read More » 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!

this pensions thing is soooo confusing!

Comments

xylophone Posts: 45,690 Forumite

28 June 2015 at 10:58PM edited 28 June 2015 at 11:09PM

You wish to take your lump sum then stay invested for six or more years - might a transfer to eg Bestinvest (which has a low management charge) suit?

http://www.bestinvest.co.uk/investment-tools/free-investment-guides/the-best-sipp/?utm_campaign=SGM-BRAND&gclid=COPmqPmws8YCFYIewwod7d8B8Q

You might consider investing the balance in a low cost index tracker - Vanguard Life Strategy?

http://monevator.com/vanguard-lifestrategy/ might be of interest.

0

This discussion has been closed.

★ ★ ★ Meet your Ambassadors

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
600K Mortgages, Homes & Bills
177.3K Life & Family
258.3K Travel & Transport
1.5M Hobbies & Leisure
16.2K Discuss & Feedback
37.6K Read-Only Boards