Standard Life Pension

tetrarch

Albermarle said:

It also depends on what assets you have outside the pension.
For example if you have large cash savings, it makes sense to take more risk ( higher equity % ) with your pension investments)

Doesn't it make more sense to have your cash assets within your SIPP and your non-cash in an ISA? Surely your SIPP capital gains would be taxable as income when taken from your SIPP whereas any gain of any sort in an ISA is tax-free

Regards

Tet

Albermarle

tetrarch said:

Albermarle said:

It also depends on what assets you have outside the pension.
For example if you have large cash savings, it makes sense to take more risk ( higher equity % ) with your pension investments)

Doesn't it make more sense to have your cash assets within your SIPP and your non-cash in an ISA? Surely your SIPP capital gains would be taxable as income when taken from your SIPP whereas any gain of any sort in an ISA is tax-free

Regards

Tet

I guess it depends.
With cash outside a SIPP, you can easily shop around for the best rates. Go for fixed rates etc and if you have an easy access account you can get immediate access ( or close ) to them .Or even try your luck with Premium Bonds.

My main point was really to look at a portfolio in the round and not just at individual parts. I probably phrased it in the way I did as probably most people keep cash in savings accounts.