Where to start for pension.

Kynthia

Try to get a lump sum payment into a pension from your company this financial year. Even if your accountant can't help you choose a pension or the investments they should be able to tell you how much of a contribution would save you corporation tax this year.

dunstonh

Cheillie2020 said:

Sorry, another question. What stops people opening multiple ISAs with different providers and going over the £20k per year limit? How is it policed? 

Data is recorded under your NI number.  Providers do a return to HMRC stating your contributions.

Cheillie2020

Secret2ndAccount said:

Thanks, really appreciate this. 
Is there any reason why I couldn't go for say VLS60 or 80 and then move to VLS100 at a later stage, just to get to grips with how things fluctuate etc? 
Also, would it be worth getting an ISA with VG too? Or should I just get one with Santander for example? Is there any benefit to it being with one or the other? 

Secret2ndAccount

Pick whichever VLS suits your attitude to risk, and switch freely if your attitude, circumstances or understanding change.

VLS60 is literally an average of VLS20 and VLS100 - it will return the same gains.

Just because you go with a Vanguard fund that doesn't force you to use Vanguard as the platform or 'service provider'.  All the SIPP and ISA providers will offer the VLS funds.

It's not necessary to have your SIPP and ISA with the same provider. Sometimes it works out cheaper. From time to time these people do have IT failures, so there have been days when people couldn't get in to their accounts. You might sleep 1% easier if you had two different platforms. Your money is safe but that's no use if you can't login on the day you need to get at it.