Lump Sum payment into SIPP

jamesd

Is that pension tax relief at 40% or 20%? If at 40% will you have plenty of time at 40% in the future or is it a use it or lose it situation?

For non-equity at the moment I like peer to peer lending but it's generally unavailable in a pension. You could use P2P with returns of perhaps 10% after bad debt allowance, before inflation, while doing regular investing in equities into a pension with the intent to switch heavily into equities after the next big drop.

kidmugsy

davieg11 wrote: »

Some people have been sitting on cash since 2013 waiting for a crash....

And the month of May may prove them right. Nobody knows.

LXdaddy

If you are going to have these funds sitting around for at least 10 years then being in cash doesn't seem right. We KNOW that inflation will eat into them. Whereas with any investment there is a risk that they will fall but a reasonable expectation that they will outdo inflation over the longer term.