Anyone got a SIPP with Fidelity?

simonfitba

Hello all,

I'm looking to open a cheap SIPP and transfer my pension from Scottish Widows.

Fidelity seem like a good bet. Am I reading it right that they only charge £45 a year if you just have ETFs?

Their ETF range isn't great (not all the Vanguard ones for example) but it seems really low cost.

Anyone have any experience of a SIPP with Fidelity or any opinions?

I'm also considering iWeb (£25 to open then £180 a year)

Thanks in advance.

greenglide

I have a SIPP with Fidelity but it is all in funds - standard pricing is .35%

I wasn't award that they did ETFs in their SIPP but I must admit I have never looked.

Their ISA "sort of" does a limited range of Investment Trusts (mainly their own products) but it seems very much a bodge job that their platform wasn't really designed for!

Edit: looking at the Fidelity I see that they do offer ITs and ETFs and the charge is, indeed, capped at £45 a year.

I assume that transactions will be like using ITs in the ISA - very much like funds they are not done in real time but if putting in regular monthly payments that probably does not matter.

How they handle trading costs and stamp duty I don't know.

simonfitba

Looks like their dealing charges are 0.1% so not terrible either. I would like a bigger range of ETFs to choose from though.