Investment pension advice

cam71101

Thank you for all of your replies. As you can tell, I'm not very well versed when it comes to investments. I just want to make the most out of my situation. If I can save 0.35% on charges in the long run then obviously that would be hugely beneficial.

I should have been more clear about the charges. Total charges are .9% (made up of the Aviva platform charge, the fund charge and my ongoing servicing charge). The charges from the IFA are .35%.

I was under the impression that I could own a broadly diversified global equity fund with charges less than .5%. Is this not possible?

Or am I just way out of my depth and perhaps I should be grateful for the arrangement that I have.

Thanks again

cloud_dog

I think your clarification has helped immensely.

cam71101 wrote: »

I was under the impression that I could own a broadly diversified global equity fund with charges less than .5%. Is this not possible?

It is possible.

As mentioned previously there are some providers around the 0.25% platform fee range (AJ Bell for example) and there are some global multi-asset funds around the 0.2% range (VLS XX or L&G Multi Index X or HSBC Global Strategy xxxxx to name just a few).

I can't recollect the size of the pot we are talking about but some of the fixed price providers may work out even cheaper (depending on the amount).

Malthusian

AnotherJoe wrote: »

Thats true for hose who have the inclination to learn and arent frightened by the prospect of "losing all their money when theres a crash" and "I dont want anything risky like the stock market". Which leaves a lot of people unable to DIY.

The pro / anti IFA debate a nutshell:

AntiFA: "Everyone could do without an IFA and their charges if they bought a simple diversified portfolio and avoided panicking"

ProFA: "But a lot of people don't do those things"

AntiFA: "But they could"

Pro FA "But they don't" "But they could" "But they don't" "But they could" Repeat until sun explodes or communist takeover / singularity AI renders money obsolete.