Sipp Platform provider

Yanling

xylophone wrote: »

https://www.moneyobserver.com/best-sipp-platforms-your-portfolio-2018

may be worth a read through.

Hi, I am self employed, can I apply for a stokehold pension? Thanks

Potboiler

My SIPP fund OCF's on iWeb are HSBC Global Balanced 0.18% and VLS 60 0.22% (no platform charge). After two and a bit years (with same original starting value) the former fund leads in value by a few hundred £s currently, but it varies. The less said about my Fidelity Emerging Markets fund the better.

xylophone

Hi, I am self employed, can I apply for a stokehold pension? Thanks

Stakeholder...

https://www.pensionsadvisoryservice.org.uk/about-pensions/pensions-basics/contract-based-schemes/stakeholder-pension-schemes

dunstonh

Potboiler wrote: »

My SIPP fund OCF's on iWeb are HSBC Global Balanced 0.18% and VLS 60 0.22% (no platform charge). After two and a bit years (with same original starting value) the former fund leads in value by a few hundred £s currently, but it varies. The less said about my Fidelity Emerging Markets fund the better.

To be fair, HSBC is 0.20% (0.18% OCF plus 0.02% Transaction costs) and VLS is 0.33% (0.22% OCF and 0.11% TC).

Yanling

xylophone wrote: »

HL don't charge for drawdown.

https://www.hl.co.uk/pensions/sipp

Hi, HL platform charge is 045%, a bit high, but does not charge for funds dealing, no drawdown charges. other feedback? Thanks

xylophone

See

https://www.moneyobserver.com/best-sipp-platforms-your-portfolio-2018

Yanling

xylophone wrote: »

See

https://www.moneyobserver.com/best-sipp-platforms-your-portfolio-2018

Hi, it looks like that HL and Fidelity do not charge for drawdown, maybe I could apply for 2 providers? do you know if Fidelity charges for funds dealing?

xylophone

https://www.fidelity.co.uk/investing/fees

pantaiema

BLB53 wrote: »

I have been with AJ Bell for over a decade and would recommend but they do charge £1.50 per transaction for funds...ideally you you want a platform with no transaction charges such as HL but they charge a hefty 0.45% platform fee so you need to compare.

Here's an article on DIY Investor which should help?
http://diyinvestoruk.blogspot.com/2016/08/selecting-your-diy-pension-platform.html

VLS or HSBC Global Strategy are both a good all round choice for starters.

Is this HL platform fee 0.45% of the value of the fund per annum? So for instance I invest 15K, I will need to pay 0.45% *15k ?

Alexland

Yanling wrote: »

can I apply for a stokehold pension?

A stokehold is a compartment in a steamship in which the boilers and furnace are housed which is unlikely to give you a pleasant retirement.

Alex