how long is a piece of string? and (not) timing the market

Thrugelmir

Alexland said:

Thrugelmir said:

No flexi-access drawdown options available yet.  A major drawback. 

Vanguard might get that done by the time the 40 year old OP retires!

Our inactive SIPPs are with Fidelity and the capping means our average platform fee for holding an equity ETF is a bargain at around 0.02%. We hold all the bonds and rebalance within our workplace pensions where there are no trade fees.

Fortunately I took up an offer a few years back. My SIPP is management fee free for life. 

Alexland

Thrugelmir said:

Fortunately I took up an offer a few years back. My SIPP is management fee free for life. 

Was that the Jarvis Gaudi SIPP before they introduced a charge? I remember looking at it at the time and decided given the limitations of FSCS protection I would rather pay a modest fee to be with a bigger player.

Thrugelmir

Indeed it is. Glad to have left Liberty,,,,,,,,
As long as Goldman Sachs use Jarvis Investment Management for their internal staff ISA. They can have my vote of confidence too. 
£375 pa adds up over the years. 

Alexland

Thrugelmir said:

£375 pa adds up over the years. 

Yup Fidelity offered me £500 transfer cashback which covered the first 10+ years of platform fees. Our only trade fees are £1.50 for them to auto reinvest a quarterly ETF dividend.

In our other accounts we tend to hold accumulation funds/ETFs but on our otherwise inactive SIPPs it's satisfying to watch a juicy big dividend reinvestment as a reminder of the income value of these assets.

Thrugelmir

Alexland said:

Thrugelmir said:

£375 pa adds up over the years. 

In our other accounts we tend to hold accumulation funds/ETFs but on our otherwise inactive SIPPs it's satisfying to watch a juicy big dividend reinvestment as a reminder of the income value of these assets.

In normal circumstances I would agree with you. Not something that I'm banking on myself. 

Mistermeaner

Hi all thanks for comments apols for lack of input but I've been ill (not that.... At least as far as I'm aware!)
To answer questions in case it helps with advice
YES I have a mortgage , circa 220k at 1.7% fixed for 4 more years. House worth 450k and not in any rush to pay this off 
LISA over isa as the government tops it up by 25% 
FYI only I am working and I pay max 40k into my pension and 4k into my lisa : I'm 5 years older than partner so here is for extras (nb the 10k I would pay into her pension would use carry forward so no breach of annual limit)

My thoughts to use vanguard SIPP was to just bung all 300k into VLS100 and keep it simple and charges low- thanks for the pointers toward i web etc I'll have a look as no rush to transfer . I can't do partial transfers however it's all of nothing when !leaving Scottish widows
I don't quite understand comments re FSCA protection on a SIPP - how does using vanguard offer less protection than e.g. Scottish widows ? And even if the platform goes bump the holdings remain safe don't they (bar zombie apocalypse)
I'm inclined to crack on with Mrs investment asap being as cash fund is guaranteed to be replenished but not to rush to transfer out of Scottish widows but to do more research on platforms, would appreciate suggestions as to what is better \ simpler for fire and forget than VLS100

Regards timing the Scottish widows exit i guess I just go when ready as market status will be reflected in the sells as well as buys barring any short term volatility that may occur while out of market .... Anyone know how long such a transfer may take in terms of out of market ?