Freetrade Basic - Sipp question

VXman

I transferred a SIPP to Freetrade from Vanguard containing just the Vanguard FTSE Global All Cap. (VAFTGAG) I assumed it was completly free in terms of platform charges (my reason for moving) but now have discovered that cash withdrawals are £240 a go.

That's fine - I'll transfer it back to Vanguard when I want to start drawing down on it.

Anyway - it got me thinking. My wife was going to transfer her Vanguard SIPP over to Freetrade too. However she has a pre retirement account that we still pay £2880 into each year but also a drawdown account in which the 25% tax free element has already been taken. We drawdown on this account now and again whenever we need a lump of money.

So if she did transfer this SIPP to Freetrade how does it work? Are the 2 parts treated separately? Can she transfer the pre reitrement part and keep the drawdown with Vanguard?

Also any other suggestions of possible platforms that support VAFTGAG but are cheaper than Vanguard in platform fees?

QrizB

Does it have to be VAFTGAG? That's a mutual fund.

If you'd be happy with VWRP instead, it's an ETF and there are providers that offer lower charges on those.

InvesterJones

Scottish Widows Share Dealing is capped at £16.50 a month

michaels

Afaik free trade do not support crystallised funds so only ufpls drawdown and only transfer in of uncrystallised funds.