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What platform to use for this...
Madeinireland
Posts: 76 Forumite
When I take my DB pension there will be a residual AVC of around £80k after having taken out my max lump sum. It will be in the form of a crystallised sum which the company is happy to transfer out to the open market.
I do not want immediate access to the fund and I would only drawdown from it in an emergency leaving it to be inherited by my kids outside of any other estate assets. I am likely to want to invest it in something like a Vanguard Life Strategy 80% fund and to keep costs to a minimum - pretty much leave it there and forget about it.
Who would accept such a fund and which platform would be the best / cheapest given that I probably won’t want to draw on it and want to minimise costs.
Thanks...
I do not want immediate access to the fund and I would only drawdown from it in an emergency leaving it to be inherited by my kids outside of any other estate assets. I am likely to want to invest it in something like a Vanguard Life Strategy 80% fund and to keep costs to a minimum - pretty much leave it there and forget about it.
Who would accept such a fund and which platform would be the best / cheapest given that I probably won’t want to draw on it and want to minimise costs.
Thanks...
0
Comments
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Most Sipp platforms accept crystallised funds and will have funds to invest in like LS80% , if not LS 80% itself.
The 'best and cheapest ' is a matter of debate and it depends on what the customer is looking for .Try
http://www.comparefundplatforms.com/
https://monevator.com/compare-uk-cheapest-online-brokers/
https://www.moneysavingexpert.com/savings/cheap-sipps/0
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