Platform allowing management of crystallised and u crystallised pots

p00hsticks

WH69 said:

I have separate crystallised and uncrystallised pots with Fidelity where I can manage the funds within each as separate entities.

I have the same with Aviva

SVaz

I have STMMF in my ‘virtual’ uncrystallised bit because I’ll be using UFPLS in a couple of years time,  high growth,  probably 80% equities, in the crystallised portion,   bar about £10k I’ll use for drawdown in 2031-32.  That’s currently in a balanced mixed asset fund. 

I’m in the process of moving it to AJ Bell who also use notional split. 

The crystallised amount that’s left in 2032 will not be used for around 10 years at least.  

DRS1

SVaz said:

I have STMMF in my ‘virtual’ uncrystallised bit because I’ll be using UFPLS in a couple of years time,  high growth,  probably 80% equities, in the crystallised portion,   bar about £10k I’ll use for drawdown in 2031-32.  That’s currently in a balanced mixed asset fund. 

I’m in the process of moving it to AJ Bell who also use notional split. 

The crystallised amount that’s left in 2032 will not be used for around 10 years at least.  

Something in my brain is telling me that is the wrong way round.

Qyburn

DRS1 said:

SVaz said:

I have STMMF in my ‘virtual’ uncrystallised bit because I’ll be using UFPLS in a couple of years time,  high growth,  probably 80% equities, in the crystallised portion,   bar about £10k I’ll use for drawdown in 2031-32.  That’s currently in a balanced mixed asset fund. 

I’m in the process of moving it to AJ Bell who also use notional split. 

The crystallised amount that’s left in 2032 will not be used for around 10 years at least.  

Something in my brain is telling me that is the wrong way round.

That's what I thought, don't you want high growth for the uncrystalised to maximise tax free?

michaels

0.2% on a £1m pot (for example) is 2k pa that is a lot more than the £10 per month is for II.

However my portfolio is very simple, a global tracker plus cash/MMF that will be going into linkers when I get round top it.  So the global tracker could easily be in an ETF.  The shares are in the uncrystallised bit (hopefully)!

I still haven't found a provider that lets you trade linkers online which would also be a win for me.

Given the above it sounds like Fidelity ETF might be the way to go for me at least for the shares bit, not sure where the crystalised MMF/linkers should be.

Any suggestions?

SVaz

Well yes,  high growth would be lovely and if it continues like it has I would absolutely sell some index funds and use that for income instead,  keeping some STMMF back.  That would also avoid having to rebalance later on. 
I’m planning with the assumption of very minor growth though,  anything else is just a bonus. 

My pot would have to grow 20% in the next two years though to cover all the income with just u/c funds. 

DRS1

michaels said:

0.2% on a £1m pot (for example) is 2k pa that is a lot more than the £10 per month is for II.

However my portfolio is very simple, a global tracker plus cash/MMF that will be going into linkers when I get round top it.  So the global tracker could easily be in an ETF.  The shares are in the uncrystallised bit (hopefully)!

I still haven't found a provider that lets you trade linkers online which would also be a win for me.

Given the above it sounds like Fidelity ETF might be the way to go for me at least for the shares bit, not sure where the crystalised MMF/linkers should be.

Any suggestions?

I suspect the problem there is the considerable difference between the clean price and the dirty price.  But HL at least only charge you the online dealing price even though you have to do the trade over the phone.

The trick is getting past the feller who thinks you can deal online because he thinks you want to buy a conventional gilt.

ian16527

Vanguard have 2 pots also

hara____

michaels said:

I still haven't found a provider that lets you trade linkers online which would also be a win for me.

Any suggestions?

AJ Bell allow you to trade linkers online, and they are one of the few platforms that show the inflation-adjusted price accurately (rather than showing the clean price, implying you've made a big loss).

For more, see:
https://monevator.com/how-to-buy-index-linked-gilts/

michaels

hara____ said:

michaels said:

I still haven't found a provider that lets you trade linkers online which would also be a win for me.

Any suggestions?

AJ Bell allow you to trade linkers online, and they are one of the few platforms that show the inflation-adjusted price accurately (rather than showing the clean price, implying you've made a big loss).

For more, see:
https://monevator.com/how-to-buy-index-linked-gilts/

Very interesting as although they charge a capped 975pa for funds, for £10 per month you can have shares, ETFs and gilts hopefully including linkers.

Does anyone know if they separate out crystallised and uncrystallised pots?