We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide
Diy Sipp
Planter_3
Posts: 1 Newbie
Hi
I currently have a SIPP and the funds are invested in three areas but a substantial amount in funds. I am not happy with either my Financial Advisor or my SIPP administrators and would like to change both. My ideal would be a cheap SIPP manager and I would invest the pension in leading funds and save commissions on both.
How could I do this?
I currently have a SIPP and the funds are invested in three areas but a substantial amount in funds. I am not happy with either my Financial Advisor or my SIPP administrators and would like to change both. My ideal would be a cheap SIPP manager and I would invest the pension in leading funds and save commissions on both.
How could I do this?
0
Comments
-
You should be able to transfer your SIPP wrapper to another administrator easily.
The contents of the SIPP might be more complicated depending on what Funds or Securities you currently hold'In nature, there are neither rewards nor punishments - there are Consequences.'0 -
I am not aware of any SIPP provider that rebates the annual commissions.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
-
Hi
I currently have a SIPP and the funds are invested in three areas but a substantial amount in funds. I am not happy with either my Financial Advisor or my SIPP administrators and would like to change both. My ideal would be a cheap SIPP manager and I would invest the pension in leading funds and save commissions on both.
How could I do this?
Transfer your SIPP to another provider.
Low cost online DIY providers include
https://www.h-l.co.uk
https://www.sippdeal.co.uk
https://www.alliancetrust.co.uk
Most will rebate some or all of the initial charges on funds. HL makes no dealing charges for regular investments in unit trusts.Trying to keep it simple...
0 -
When it comes funds within the SIPP, Hargreaves Lansdown is offering to pay any in specie (transfer as units instead of sell first) charges for many fund companies until the end of April. Doesn't apply to non-fund investments.0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 354.2K Banking & Borrowing
- 254.3K Reduce Debt & Boost Income
- 455.3K Spending & Discounts
- 247.2K Work, Benefits & Business
- 603.8K Mortgages, Homes & Bills
- 178.4K Life & Family
- 261.3K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.1K Discuss & Feedback
- 37.7K Read-Only Boards