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Setting Up a SIPP
Kunoichi73
Posts: 73 Forumite
Hi All,
I am about to set up a SIPP with Cavendish and was wondering what the best strategy for paying platform charges would be. Should I keep a small amount (say 1%) in cash to cover charges, or let them sell part of the fund to get their fees?
Thank you in advance.
I am about to set up a SIPP with Cavendish and was wondering what the best strategy for paying platform charges would be. Should I keep a small amount (say 1%) in cash to cover charges, or let them sell part of the fund to get their fees?
Thank you in advance.
0
Comments
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Hold around 1-2% in cash.I am an Independent Financial Adviser (IFA). The comments I make are just my opinion and are for discussion purposes only. They are not financial advice and you should not treat them as such. If you feel an area discussed may be relevant to you, then please seek advice from an Independent Financial Adviser local to you.0
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Thank you! 0
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