HL or AJBell for a SIPP

DrHyde

Hugely excited at the prospect of Vanguard Investor offering a SIPP later this year. Consider waiting for them for their ISA range is amazing.

(They've confirmed this to me in writing - an existing ISA customer.)

DairyQueen

DrHyde wrote: »

Hugely excited at the prospect of Vanguard Investor offering a SIPP later this year.)

I have my core holdings invested in VLS. The potential offered by a Vanguard SIPP will be very good news for those with all their eggs in the Vanguard basket as the charges are likely to be negligible. They are a good company (no beef about that) but anyone who wishes to invest in anything other than their funds may be instantly deterred unless they offer an open-market platform.

Currently I pay zero charges for dealing funds plus a 0.25% platform charge, plus Vanguard's excellent 0.22% tracker charge....

but ...

... that platform charge allows me access to the majority of mainstream ITs, shares and funds. The thought of having to transfer cash to a different platform simply to rebalance my portfolio isn't too attractive.

Sorry, don't mean to dampen your enthusiasm but a Vanguard SIPP may not be suitable for every Vanguard investor.