HL or AJBell for a SIPP

lidl_1

does anyone have any experience/opinions on which is better for a SIPP...self managed and investing in shares ad ITs...no funds but will hold cash as and when

cloud_dog

lidl_1 wrote: »

does anyone have any experience/opinions on which is better for a SIPP...self managed and investing in shares ad ITs...no funds but will hold cash as and when

Having recently been converted to them I would suggest Fidelity. But, you need to be comfortable with what they do / do not offer; range of ETFs, ITs, but no shares (I believe)

lidl_1

thanks but says FUNDS only
I am not in funds nor do i wish to be

TBC15

lidl_1 wrote: »

thanks but says FUNDS only
I am not in funds nor do i wish to be

No Funds? must ask why?

ianthy

I can't comment on HL but I have been with AJ Bell for 10+ years in their You Invest SIPP. I suspect I could get cheaper fees but I like the site and the app works pretty well too. Plus my OH also has a SIPP with AJB too and I can administer it via one access point. Their reports - portfolio xray are good but I also use Trustnet for research too.

LHW99

HL & AJBell both run good sites. You can buy shares / IT's and probably ETF's on both, though check the range they offer.
HL has more analysis / tools available, but you will get a lot more marketing bumph from them than AJ Bell.
Can't say much on their comparative charges, as I have only had a combination of funds & IT's with either.

mgdavid

How do Charles Stanley Direct (CSD) compare to the two you've already mentioned?

cloud_dog

lidl_1 wrote: »

thanks but says FUNDS only
I am not in funds nor do i wish to be

Unsure of your definition of 'funds', but I'm in the process of transferring a SIPP to Fidelity to be invested primarily in ITs or ETFs if appropriate.

£10 dealing charges and £45pa platform charge.

DairyQueen

I manage SIPPs on both platforms. HL has a more sophisticated interface for a non-expert investor but AJ Bell is absolutely fine (and their x-ray facility is very good). HL's customers service is excellent but I have no complaints about AJ Bell (just not not as professional and efficient).

The charges are very different so I suggest you check-out snowman's excellent spreadsheet to compare for your size/type of portfolio.

TcpnT

Depending on the amount invested HL charges for Shares, ETFs and ITs are much less than their charges for holding OEICs

redux

cloud_dog wrote: »

Having recently been converted to them I would suggest Fidelity. But, you need to be comfortable with what they do / do not offer; range of ETFs, ITs, but no shares (I believe)

As discussed on your earlier thread about this, coming soon.

There might be something like FTSE 100 shares quite soon and FTSE All Share index shares in 2 or 3 months, which isn't actually all shares (find a list somewhere), but includes most though not all investment trusts.

And I can still find stuff on their website that has 0.1% dealing within the SIPP. Whether this will soon change, or already has and they've left behind a couple of old pages, I'm not sure.

TcpnT wrote: »

Depending on the amount invested HL charges for Shares, ETFs and ITs are much less than their charges for holding OEICs

Same goes for other platforms, including those mentioned on the thread.