SIPP for cash investments

pg1947

I would appreciate some guidance please  regarding my SIPP, which is with A J Bell and contains two fixed rate bonds, a form of investment I wish to continue in future.Are there any other SIPP providers whose costs would be lower than AJB and are there any particular issues with this type of investment in a SIPP - eg  AJB regard them as being "off panel ". Any advice would be greatly appreciated.

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MX5huggy

That will depend on how much you have in the account? Are the bonds all you hold with AJBell? 

Bravepants

I have no experience with AJ Bell, but I have recently transferred my cash only SIPP from InvestAcc Pensions MINERVA SIPP, to Close Brothers Asset Management and I use a Close Brothers Savings fixed rate deposit account in the SIPP. 

So you could check out InvestAcc Minerva and Close Brothers.

Close Brothers savings is at: https://www.closesavings.co.uk/ to take a look at their latest cash deposit rates.

Close Brothers Asset Management is at: https://www.closebrothersam.com/ to check out the SIPP.

pg1947

Thanks for your responses - I will certainly check out the Close Brothers angle, and previously had a fixed rate bond with them via AJBell with whom I hold two bonds @ £90k each plus some cash in their account, if this helps?