Fidelity SIPP

vixen1500

Most of the posts on SIPP seem to favour HL.

Anyone use Fidelity?

Thanks

AlanP_2

vixen1500 wrote: »

Most of the posts on SIPP seem to favour HL.

Anyone use Fidelity?

Thanks

We do via Cavendish as it worked out cheaper.

Basic compared to some others and compared to Fidelity direct I think but is fine for what we want - choice of funds with regular monthly contributions.

dunstonh

Anyone use Fidelity?

Easy to eliminate. Excels at virtually nothing.

Most of the posts on SIPP seem to favour HL.

I dont think that is the case. HL is well known for being expensive. It does have good software though.

vixen1500

AlanP wrote: »

We do via Cavendish as it worked out cheaper.

Basic compared to some others and compared to Fidelity direct I think but is fine for what we want - choice of funds with regular monthly contributions.

Does this work the same paying in the £2880, getting tax relief and then withdrawing, leaving enough into keep account open.

Do they charge withdrawal fees?

Or are you using this as an investment?

vixen1500

dunstonh wrote: »

Easy to eliminate. Excels are virtually nothing.

.

Is Excel another company worth looking at?

Dazed_and_confused

I wonder if "are" should be replaced with "at"??

ggmf

My SIPP is with Fidelity put there by my IFA. Every time dunstonh comments about them, my heart sinks

dunstonh

ggmf wrote: »

My SIPP is with Fidelity put there by my IFA. Every time dunstonh comments about them, my heart sinks

Platforms are a bit like buying a car. We all buy different cars.

I had to do a top up on Fidelity this week for someone we havent moved off them yet (almost got everyone off). The system is just so clunky compared to others. They have spent the last decade saying improvements are coming.

I spoke to an IFA last year who said he liked Fidelity. However, it was within his comfort zone. What really did it for me was a client who had Fidelity unwrapped holdings and they could not tell me with the income data on accumulation units for someone that needed to use as much of their CGT allowance as possible.

So, whilst I personally do not like FNW, it is a personal opinion based on my experience of using a half dozen or so other platforms. Others may well love it. Some may prefer it as it is their comfort zone and have got used to it.

stephen160

i have had no problems, good telephone support but their website to manage my sipp is very poor

HardCoreProgrammer

I have (most of) my pension with Fidelity.
With >£250k combined (pension + investments inside/outside ISA), the platform charge drops from 0.35% to 0.20%, one of the cheapest in the market.
I agree that the pension management tool in their website is awkward. It seems to be separate from the investment management tool, and a lot of menu items are different. They have been talking about harmonising them for a few years, but so far all words and no action.

Just to put it in perspective, there are worse pension providers. AEGON only charges 0.21% with a cap of £250k, but I decided not to move to them because from my dealings with them, they do not seem to know what they are doing.

cloud_dog

vixen1500 wrote: »

Most of the posts on SIPP seem to favour HL.

Anyone use Fidelity?

Thanks

Yes. I use it for a non-OIEC portfolio.

Ummm, I have mixed feelings towards Fidelity SIPP. If you do a search for my username and the word "Fidelity" you will probably find my posts on the subject.