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Move a SIPP to another pension product?
C_Mababejive
Posts: 11,668 Forumite
Hi All,
I'm not that far potentially from retirement if i choose. I have a DB pension and also about 80k in a SIPP. The SIPP is invested in a small spread of funds and similar, i wont bore you with the details. I'm just musing as to whether it would be best now to move it all to a pension investment company and one of their products? EG royal london, scotttish widows etc.
Part of me says i dont have the time or expertise for stock picking though its currently all in collective investment products but then i dont actually NEED it for pension income either so maybe i should still be investing that chunk for capital growth? Maybe i need to consolidate it all within the SIPP in aa global tracker or a traditional 60/40 fund?
If i put it in a pension company product, it might just stagnate in so called safe pension income generating funds ?
Thanks all as always
I'm not that far potentially from retirement if i choose. I have a DB pension and also about 80k in a SIPP. The SIPP is invested in a small spread of funds and similar, i wont bore you with the details. I'm just musing as to whether it would be best now to move it all to a pension investment company and one of their products? EG royal london, scotttish widows etc.
Part of me says i dont have the time or expertise for stock picking though its currently all in collective investment products but then i dont actually NEED it for pension income either so maybe i should still be investing that chunk for capital growth? Maybe i need to consolidate it all within the SIPP in aa global tracker or a traditional 60/40 fund?
If i put it in a pension company product, it might just stagnate in so called safe pension income generating funds ?
Thanks all as always
Feudal Britain needs land reform. 70% of the land is "owned" by 1 % of the population and at least 50% is unregistered (inherited by landed gentry). Thats why your slave box costs so much..
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Comments
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Does not seem a lot of point in moving it. Easier just to consolidate the SIPP investments into a low cost multi asset fund, or an actively managed wealth preservation fund/IT.1
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