I'm an idiot.

cloud_dog

As with all of these types of discussion the action you should take will be very personal and may not fit in with opinion. Having said that, I will offer my opinion

Kmh120 wrote: »

3. Regarding my Auto Enrolment SIPP which is invested with Black Rock Consensus 85 Class 1 GBP....should I just chuck as much money as I can into that? Or should I put some money in there and also into a Stocks and Shares ISA?

The trade off between pension and ISAs is around taxation (ISA - money (salary) taxed before adding but tax free on withdrawing; Pensions (SIPP etc), tax exempt going in but taxed on withdrawal, excluding the 25% tax free lump sum).

The taxation consideration is not a black and white position, and is very dependant on your tax position come retirement.

Putting this aside, you have confirmed that you are paid by salary sacrifice. You should be able to pay whatever percentage or amount from your salary in to your company pension. Obviously the company will only match the minimum payment but they should allow you to pay in more. Check with them. Depending on the type or size of the company they may not have come across this situation and may say you can't add more than the maximum.

Assuming they are happy to allow you to pay more I would take this option if you are considering adding more in to your pension. With SS involved every £100 that goes in to your pension reduces your take home pay by only £68 :eek: