Moving out of SIPP before retirement - possible?

squirrelpie

Catapult said:

I have a SIPP with HL. ... So my question is - can I move my SIPP into an ISA / Savings Plan / Other now i.e. about 10 years before I hit retirement age?

Irrespective of the points that others have made, why would you want to consider moving money from a SIPP to an ISA? You have pretty much the same choice of investment possibilities in HL's SIPP as you do in their ISA?

garmeg

squirrelpie said:

Catapult said:

I have a SIPP with HL. ... So my question is - can I move my SIPP into an ISA / Savings Plan / Other now i.e. about 10 years before I hit retirement age?

Irrespective of the points that others have made, why would you want to consider moving money from a SIPP to an ISA? You have pretty much the same choice of investment possibilities in HL's SIPP as you do in their ISA?

Might be worth doing if LTA is becoming a problem.

zagfles

As a compromise between high IFA fees and self managing your pension, why not look at the likes of Pension Bee?

garmeg

zagfles said:

As a compromise between high IFA fees and self managing your pension, why not look at the likes of Pension Bee?

Probably get stung by the high fees! 

xylophone

I have a SIPP with HL. Vast majority of the time, the money in there is just held as cash as 1

Would a transfer to Vanguard using a Target Retirement Fund be worth consideration?

https://www.vanguardinvestor.co.uk/what-we-offer/personal-pension/personal-pension-account