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Best cash savings interest rates for a SIPP?
Comments
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Agree with Caveman8006 above. Take a look at the Minerva SIPP from InvestAcc. Offer open market access to bank + building society accounts through the SIPP.
Me and the wife both hold our plans with them and worked really well. Especially recently with the stock market turmoils and interest rate rises.0 -
The £400 annual fee for starters puts me off that SIPP
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True, but if you intend to be in cash medium-term and have over £50,000 in your SIPP this is easily covered by the much higher net interest rates you can accessMiserlyMartin The £400 annual fee for starters puts me off that SIPP0 -
With the minerva sipp can you also put money into normal investment funds? What are the charges for this - is the 400 basically a platform fee?I think....0
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https://www.investaccpensions.co.uk/literature-and-forms/minerva-sipp/michaels said:With the minerva sipp can you also put money into normal investment funds? What are the charges for this - is the 400 basically a platform fee?
The Minerva SIPP can invest in a wider range of assets including commercial property and land, on an individual or group basis. Any combination of permitted investments may be made within a Minerva SIPP including deposit accounts, DFM, open market platform/wrap accounts, stockbroker accounts and trustee investment plans, all held together within the same SIPP.
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I read that, but still came here to ask....I think....0
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Cater Allen are paying 3% on 12 month bonds at present
Paul1 -
The Minerva 'SIPP LIte' is a bit cheaper.0
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TN25 UK gilts were at 4.66% earlier today for 2 year maturity.PaulCooper said:Cater Allen are paying 3% on 12 month bonds at present
Paul
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I had some dividends sitting in my ii SSISA plus some trading credit that was due to expire so bought £500-worth of 2023 gilts yesterday, at the sort of yield you quote. I'm hoping the country doesn't go bust in the next eleven months!NedS said:
TN25 UK gilts were at 4.66% earlier today for 2 year maturity.PaulCooper said:Cater Allen are paying 3% on 12 month bonds at present
Paul
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