Cheapest platform for my investments

JohnRo

Yes fair point. The solution there is to either leave a chunk of cash in there and check on it once a decade or set up an annual standing order for a small amount.

A £50 investment in some fund or other just left behind with HL and semi forgotten about would generate fees of about 23p a year.

JohnRo

Neil, it's worth thinking about what you want the investment to do and then how to try and best achieve that within the time frame you've got, before deciding where best to house it. Make a plan then execute.

Gram_Parsons

neilsolaris wrote: »

Hi Gram.

Do you mind me asking what kind of investments you hold in your SIPP and S&S ISA?

Vanguard Lifestrategy 80 in both of them. 20 years until state pension age and the Isa is pretty much opened ended timeframe wise.

neilsolaris

Thanks Gram. I'm guessing I'm little bit older than you, but otherwise I think I'll do a similar thing to you. I might split my ISA and SIPP 50:50 though. Although if I need cash I could always remortgage, as I don't have a mortgage at present.

Are you happy so far with the way your investment have performed?

neilsolaris

JohnRo, I'm not sure what I want my investment to do exactly, except obviously generate the highest returns possible. And if all goes well I plan not to touch it for another 15 years at least.

talexuser

neilsolaris wrote: »

I was thinking about transferring to x-o, as they charge a fixed fee of £60 for the ISA, and no fee for the SIPP.

According to here
http://www.x-o.co.uk/wp-content/XOSIPP%20FEE%20Schedule.pdf
SIPP charges start at £120 a year so they certainly are not the cheapest.

For funds I think Best are probably the cheapest SIPP for small amounts because £10000 would cost you £30 a year