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Sipp Cash Accounts Comparison
ParanoidPlanner
Posts: 7 Forumite
Hi Folks
Wonder if anyone can help?
I'm looking for a list /comparison of the interest rates that you can get for some of the SIPP cash accounts on the market.
In particular I would like to know the rates that you could get from
RBS
HBoS
Barclays
Lloyds
It would be great if anyone could let me know what the rates are or even better if someone could point me in the direction of a comparison table or a link that might help.
Any help would be greatly appreciated.
thanks
Para
Wonder if anyone can help?
I'm looking for a list /comparison of the interest rates that you can get for some of the SIPP cash accounts on the market.
In particular I would like to know the rates that you could get from
RBS
HBoS
Barclays
Lloyds
It would be great if anyone could let me know what the rates are or even better if someone could point me in the direction of a comparison table or a link that might help.
Any help would be greatly appreciated.
thanks
Para
0
Comments
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If the SIPP has access to institutional rates then you basically have all those available.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.0
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Thanks for the reply.
SIPP is with AJ Bell who have basically said to source the best cash account possible on my own.
Where will i be able to find the best rates for the companies i mentioned?
any ideas?
thanks again0 -
Check out Martin's best accounts in the Savings section.Trying to keep it simple...
0 -
EdInvestor wrote: »Check out Martin's best accounts in the Savings section.
I don't think that includes rates for saving within a SIPP ??0 -
Take a look @ http://www.interest-rates.org.uk/
Put in the amount you want to save and the period and it'll provide you with a list. The problem is that you'll then have to ring around and ask them if they accept pension funds (trustee accounts). A lot don't. My SIPP provider used to let me know who their other clients were using but now they won't!! Don't forget you can go offshore (Channel Islands/Isle of Man).0 -
So i cud tel my sipp provider (tdw) to consider a cash account in tht list?0
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If the company you choose will accept pension monies most of those on the list will be acceptable to tdw. It's a SIPP so it's your decision (and risk (northern rock)).0
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