Better SIPP provider than fidelity ?

Clare43

Albermarle said:

Scottish Widows is the closest to the old fashioned products but the Aviva platform and both if the Standard Life platforms (Wrap and Elevate) are whole of market for investment shcoice.The traditional big players mostly no longer have a limited range of investments.(noting that Standard Life are brand changing to Abrdn apart from on old fashioned plans that were sold to Phoenix along with the Standard Life brand)

For the OP's benefit, the Standard Life situation can be quite confusing, due to change of ownership of part of the business, and different companies using the same name etc .

The Wrap and Elevate platforms mentioned above are for financial advisors only, and are ( eventually ) now stopping calling themselves Standard Life .

The surviving Standard Life name now refers only to the pensions offered to the retail sector ( means people without advisors) and that is where your ' Active Money Personal Pension ' is. It is not actually a SIPP but a personal pension ( technical differences ) SIPPs are available from SL and in reality there is a very blurred line between the AMPP and the simplest SIPP they offer anyway.

Dunstonh refers to these as 'old fashioned plans' which they maybe. However in fact the SL website is pretty good, the customer service is good, and their new(ish) owners seem to be wanting to expand the business . As said before only funds/OEICS are available but there is about 300 to choose from. 

Their standard charging tariff is not the lowest, but mine  carries an extra discount negotiated originally by an ex employer and then later by me. In other words if you have a reasonably large sum with them, they seem open to discuss the charges ( helps if you mention about transferring Vanguard or Interactive Investor etc in the conversation

Thanks 😊.  I do get some discount due to the value of my fund and have always found the customer service good.  Only decided to open one with fidelity due to the increased variety of investments and see if could get anything better; and as my isa funds had been moved to them by LG some of the money was easily transferable into the new SIPP