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SIPP or Managed Portfolio

When in pension drawdown which do you prefer?

SIPP or Managed Portfolio 6 votes

SIPP
66%
fizioTrace-TBlobCorecmundo 4 votes
Ready Made Managed Portfolio
0%
Annuity type product
33%
FIREDreamerblanched_jelly 2 votes
Other
0%

Comments

  • dunstonh
    dunstonh Posts: 121,949
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    Forumite

    Impossible to answer as all 4 options could apply in different scenarios and the options don't really make a lot of sense.

    a SIPP is a type of product and comes in different forms. A ready made portfolio is a portfolio of investments. An annuity is a type of product.

    You can hold a ready made portfolio in a SIPP. You can hold an annuity in a SIPP. You can have a combination of them in a SIPP.

    I am an Independent Financial Adviser (IFA). The comments I make are just my opinion and are for discussion purposes only. They are not financial advice and you should not treat them as such. If you feel an area discussed may be relevant to you, then please seek advice from an Independent Financial Adviser local to you.
  • Albermarle
    Albermarle Posts: 32,814
    Eighth Anniversary 10,000 Posts Name Dropper
    Forumite

    How about Option 5 - Let a financial advisor do it all for you .

  • Notepad_Phil
    Notepad_Phil Posts: 1,739
    Sixth Anniversary 1,000 Posts Name Dropper
    Forumite

    I think you mean an Independent financial advisor 😉

    And I'd agree if were able to get the services of a certain Mr Dunstonh.

  • Albermarle
    Albermarle Posts: 32,814
    Eighth Anniversary 10,000 Posts Name Dropper
    Forumite

    I was not recommending the use of a financial advisor, but it is clearly an option, even if not Independent 😲

  • Bostonerimus1
    Bostonerimus1 Posts: 2,276
    1,000 Posts Third Anniversary Name Dropper
    Forumite

    I'm using a combination of self managed drawdown from DC funds and various annuity type products.

    And so we beat on, boats against the current, borne back ceaselessly into the past.
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