We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide
Stakeholder Pensions & Bid-Offer Spread
chickencow
Posts: 34 Forumite
Hoping someone can help me answer a thought I had:
It's my understanding that you're not allowed a bid-offer spread on Stakeholder pensions (perhaps someone can clarify this?) but a lot of property funds have now moved to a bid price.
Is this legal if the fund is held under a stakeholder pension? If so, how is this achieved (loophole etc)?
Thanks
CC
It's my understanding that you're not allowed a bid-offer spread on Stakeholder pensions (perhaps someone can clarify this?) but a lot of property funds have now moved to a bid price.
Is this legal if the fund is held under a stakeholder pension? If so, how is this achieved (loophole etc)?
Thanks
CC
0
Comments
-
Stakeholder pension funds are single priced. So they just adjust the unit price. There is no bid/offer spread.I am an Independent Financial Adviser (IFA). The comments I make are just my opinion and are for discussion purposes only. They are not financial advice and you should not treat them as such. If you feel an area discussed may be relevant to you, then please seek advice from an Independent Financial Adviser local to you.0
-
Cheers dunstonh. Just needed to satisfy my curiousity itch0
-
Another way of looking at it is the bid/offer spread is included in the price. In a way, it's shared between the buyers and the sellers as the single price is usually around the mid-price - halfway between what the bid and offer prices would have been.
Let's not go into floating prices as I don't know if they apply in SHPs
Warning ..... I'm a peri-menopausal axe-wielding maniac0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 354.2K Banking & Borrowing
- 254.3K Reduce Debt & Boost Income
- 455.3K Spending & Discounts
- 247.2K Work, Benefits & Business
- 603.8K Mortgages, Homes & Bills
- 178.4K Life & Family
- 261.3K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.1K Discuss & Feedback
- 37.7K Read-Only Boards