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Workplace pension with Scottish Widows - options?

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Comments

  • michaels
    michaels Posts: 29,493 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    How does 0.55% compare to an equivalent vanguard global tracker in a sipp for what should be the same thing?
    I think....
  • peterg1965
    peterg1965 Posts: 2,166 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    michaels wrote: »
    How does 0.55% compare to an equivalent vanguard global tracker in a sipp for what should be the same thing?

    Isn’t a Vanguard AMC about 0.2%? Then of course you would have to add on the platform fee if you transferred out to hold Vanguard funds.
    0.55% seems like a very low charge, more so if it’s a decent fund.
  • bigadaj
    bigadaj Posts: 11,531 Forumite
    Ninth Anniversary 10,000 Posts Name Dropper
    For percentage based charging sipps then 0.5% total cost is abiut as low as you will reasonably go.

    For fixed fee providers on larger pots then radically lower costs are possible.
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