Stocks and shares isa - invest now?

hyperhypo

My VLS40 allocation down from £60k at peak earlier this winter, to just over £54k today.
No complaints on that account.
I have 15% of my sipp in cash which is challenging me with "buy now ?" and shortly to receive a £50k cash transfer in as part of an employment termination agreement, so questions over stay in cash pro tem , or regular fund purchases for at least some of the cash. As others have said would consider (and  have held in past) the L&G multi-index funds 4/5.
Am also looking at Investment Trusts to buy for the 50k element , if it ever materialises.
No purchases or sales to date though. Sitting tight.

deejaybee

So as a Sellf-Employed person, if i put £XK into a VLS fund ( direct with Vanguard ) with a SIPP wrapper - will HMRC add 20% on ?

bowlhead99

deejaybee said:

So as a Sellf-Employed person, if i put £XK into a VLS fund ( direct with Vanguard ) with a SIPP wrapper - will HMRC add 20% on ?

They would add 25% on (i.e. if you put in £800 you would get £1000 gross pension assets; £800 is 20% less than £1000 ; but 1000 is 25% more than £800).

Yes, that's fine, assuming your level of self-employed profits and other relevant earnings for the financial year does support a gross contribution of £1000 for the tax year in which you put in the £800.

deejaybee

Thank you for the helpful info.

kenzie123

masonic said:

kenzie123 said:

masonic said:

What are you intending to invest in? You mention "the current volatile market", but if you are pretty risk averse it seems unlikely what the stockmarket is doing would be relevant to an investment suitable to your risk tolerance.

We are thinking of the nutmeg fully managed portfolio risk level 5. It is a mix of cash, gilts, bonds, ETF's and stocks.

Are you aware that would have a ~20% loss potential (it's probably fallen less than 10% so far)? Average growth of 3% above inflation after nearly 1% charges means you are giving a quarter of the real returns to Nutmeg. I agree with Alistair31 this is an expensive option with a loss-making provider.

As well as Vanguard Lifestrategy 40, you could consider L&G Multi Index 4 or 5. The L&G funds are perhaps a little more diversified for the lower risk funds, although it is notable that the Vanguard funds have stood up relatively well to the crash so far, being more focused on high quality bonds.

Thank you for this. Very helpful and interesting. I am a newbie investor so reading/researching as much as I can. I will look into this.