Choosing a vanguard lifestrategy plan

ratechaser

maz_hartley said:

Thanks. But how does this work if opened a SIPP and wanted to hold a VLS80. I take it if I were to open a SIPP then I’d have the option to use VLS80 for my investments?

Yes, a SIPP is just a 'wrapper' for your investments. If you wanted a simple option (others are available), you could open a SIPP on vanguard's own website in 10 minutes, including selecting VLS80 as the chosen investment.

maz_hartley

dunstonh said:

maz_hartley said:

Albermarle said:

If you are saving for retirement , pension beats ISA in nearly all circumstances due to the tax benefit,
Most likely you will be better off putting more in your workplace pension ( or alternative pension )

Probably there will be fund in your pension that is similar VLS80 ( which is just another multi asset fund amongst many) 
What is you pension invested in now ?

Pension is invested in a Nest scheme which seems to be a very basic pension.

So, use that or use a pension wrapper elsewhere if you dont want Nest.  You can hold VLS80 in a pension just as you can an ISA.    THe pension wrapper, based on the limited info you have given, will be financially better for you than the ISA wrapper.

dunstonh said:

maz_hartley said:

Albermarle said:

If you are saving for retirement , pension beats ISA in nearly all circumstances due to the tax benefit,
Most likely you will be better off putting more in your workplace pension ( or alternative pension )

Probably there will be fund in your pension that is similar VLS80 ( which is just another multi asset fund amongst many) 
What is you pension invested in now ?

Pension is invested in a Nest scheme which seems to be a very basic pension.

So, use that or use a pension wrapper elsewhere if you dont want Nest.  You can hold VLS80 in a pension just as you can an ISA.    THe pension wrapper, based on the limited info you have given, will be financially better for you than the ISA wrapper.

I will keep my Nest pension as it’s employer contributed. So my plan was to add some to my existing pension and open a VLS isa with the rest. Looking into my pension I’m enrolled in the Nest Retirement Date Fund and they do offer other fund options. So as I’ll be keeping my Nest pension. So what would you suggest topping up Nest pension, separate SIPP with VLS or maybe and VLS isa as well?

maz_hartley

AlanP_2 said:

Assuming your SIPP provider offers the VLS range then yes. Most of the common retail platforms will so shouldn't be an issue.

Vanguard themselves offer VLS direct to consumers with a SIPP warpper if required at a good price point. They are very limited on what the SIPP offers in terms of withdrawal when retired at the moment but that may not be a concern for you depending on how long until you reach that point.

Unfortunately my work pension provider is only a SIP so I’d have to open a SIPP. Thanks.

VXman

Saying LS80 is only for 20+ years is not necessarily true. Depends how you approach it. I have some funds in LS 40, 60 and 80. (I  know people will argue that's pointless but it is what it is and it's interesting to compare returns)

I've had money in LS80 for 2 or 3 years. It has done better than the other options  and I could sell today and crystallise the growth/profits. So for that short term it has worked.

Albermarle

I've had money in LS80 for 2 or 3 years. It has done better than the other options 

If you had invested in the HSBC equivalent ( global strategy dynamic) its growth is 10% higher than LS80 over three years,

grumiofoundation

Albermarle said:

I've had money in LS80 for 2 or 3 years. It has done better than the other options 

If you had invested in the HSBC equivalent ( global strategy dynamic) its growth is 10% higher than LS80 over three years,

Presumably they meant has done better than the VLS 20, 40, 60 which they also hold?

VXman said:

Saying LS80 is only for 20+ years is not necessarily true. Depends how you approach it. I have some funds in LS 40, 60 and 80. (I  know people will argue that's pointless but it is what it is and it's interesting to compare returns)

I've had money in LS80 for 2 or 3 years. It has done better than the other options  and I could sell today and crystallise the growth/profits. So for that short term it has worked.

Although looking at investment returns over a couple of years is not really useful in terms of analysing your strategy of holding multiple VLS's it has not worked in the short term (and will almost certainly not 'work' in the short term) - you'd be better off having just held VLS 80.

(By worked I mean maximising returns - which seems to be the point of your post?)

maz_hartley

Albermarle said:

I've had money in LS80 for 2 or 3 years. It has done better than the other options 

If you had invested in the HSBC equivalent ( global strategy dynamic) its growth is 10% higher than LS80 over three years,

Just curious you’re saying the hsbc fund is 10% higher growth than vanguard but where did you find this out?

underground99

maz_hartley said:

Albermarle said:

I've had money in LS80 for 2 or 3 years. It has done better than the other options 

If you had invested in the HSBC equivalent ( global strategy dynamic) its growth is 10% higher than LS80 over three years,

Just curious you’re saying the hsbc fund is 10% higher growth than vanguard but where did you find this out?

All funds produce factsheets which tell you their performance.  A good site to compare one with another is trustnet.com, who have the charts for most classes of most funds and the interactive charting feature allows you to go back to a lot more than the last 3 years if they have been running longer - sometimes for decades. Some funds do not subscribe to the service so they have more limited information about their holdings or strategy but can still track the performance from published prices.

Thrugelmir

VXman said:

Saying LS80 is only for 20+ years is not necessarily true. Depends how you approach it. I have some funds in LS 40, 60 and 80. (I  know people will argue that's pointless but it is what it is and it's interesting to compare returns)

I've had money in LS80 for 2 or 3 years. It has done better than the other options  and I could sell today and crystallise the growth/profits. So for that short term it has worked.

The greater the weighting to the US monoliths the better the performance. Nothing special about VLS80 performance in the short term < 3 years. 

DireEmblem

If the money is to be used for retirement and not earlier, are you not best opening a SIPP and claim the tax relief on anything you put in?