AJ Bell or Fidelity

tigerspill

Well, I am just about to move everything away from Fidelity (when I can as they have completely broken my account).  Customer service is terrible.  

noclaf

I use Fidelity for my SIPP and S&SISA, AJBELL for my LISA. I am happy with both though for context I hardly need to use the customer services and don't trade often if either of those aspects will influence your decision.

I could also see myself opening a SIPP with AJBELL in the future to transfer my existing work pension and same for my wife's old DC pensions.

cloud_dog

Oldhand_2 said:

cloud_dog said:

I pay fractionally more with II than AJB, (but we were paying fractionally more for AJB compared to Fidelity). 

That means - I think - that Fidelity is cheapest, AJB middle, and II the most expensive. When trying to calculate the costs for a £105k sipp with one fund (Fidelity World Index) I found the opposite. Fidelity £472.50, AJB £388.50, and II £281.88 pa. That's with no deals, and II the clear winner. The difference however between Fidelity and II is only 0.18%, so no big deal.

I should have confirmed that I hold ETFs, and tend to only execute one or two trades per year.

jim8888

I've been in Fidelity for decades and have no complaints. My main SIPP is invested with them and they were very helpful when it came to me withdrawing funds, TFLS etc.. Saying that, I've used both AJ Bell and Ii too, and I've no complaints about them either! To me, it's not the financial firms who cause the stress in pensions, it's governments tinkering with the rules!

Albermarle

jim8888 said:

I've been in Fidelity for decades and have no complaints. My main SIPP is invested with them and they were very helpful when it came to me withdrawing funds, TFLS etc.. Saying that, I've used both AJ Bell and Ii too, and I've no complaints about them either! To me, it's not the financial firms who cause the stress in pensions, it's governments tinkering with the rules!

Also with every financial provider, there will always be some situations where individuals have problems.
From what we see on this forum, the number of negative posts about Fidelity, II and A J bell are rather small, whilst each have plenty of positive comments.

CaptainSkeptical

Thanks folks.  Looks like there's not much between them.  I've plenty of time so will have a think about it and then probably toss a coin 😀

BoxerfanUK

All I would say from experience of my wife moving her works DC pensions to ii is to allow plenty of time to effect the transfers, so that when you want to start drawdown with your new provider the money is all there and ready to go.  This is no slight on ii, who have been very good, but the wheels with old providers can turn extremely slowly sometimes and in-specie transfer can take longer than cash