Best SIPP with no regular payment requirements?

zagfles

pluto2010 said:

dunstonh said:.

Is there any reason you are specifically looking at a SIPP and not other types of pensions?  SIPPs are generally positioned as the most advanced option for those with more money.

Stakeholder pensions would have been the more suitable product for you but they have been effectively sidelined by the robo-providers.   What reason is it that you don't want or have eliminated the robo-providers for your pension?

Oh, I thought private pensions were just called SIPPs. Will have to research a bit more and look into this. Thanks for the info.

zagfles said:

What makes you think Vanguard requires monthly payments? It doesn't. You can put lump sums in, I think you need to put at least £500 in to start with, not sure if further lump sums have a minimum, check with them, but you definitely don't have to set up monthly payments. 

From the vanguard key docs
” Your initial lump sum Contribution must be at least £500. The minimum Contribution under a regular savings plan must be £100 per month. ”

As much as I like vanguard, I already hold my main saving pot with them so don’t want all eggs in one basket situation

I quite like the initial look of pension bee, can’t remember what put me off them a few months ago but will have to look into that

Yes. But it doesn't say you have to have a regular savings plan.