Originally posted by wattaj
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Starting a new SIPP, with a pension transfer
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Just looking at transferring existing pension pot to a SIPP (~£110k).
Ltd pays monthly employer contributions, which will probably be used to buy Vanguard ETFs (still got to watch Lars Kroijer videos!).
Looking around at provider costs, Interactive Investor looks good - £240 a year flat fees (currently works out at ~0.22% fees decreasing as pot increases).
Anyone compared fees recently and found an alternative ?Comment
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Mike before you simply open a new SIPP check out the pension transfer cashback offers most provide eg HL and AJBell.
You’ll get a tiered amount depending on how much pension you transfer in from your existing arrangement to a new SIPP on opening.
Not huge but enough for a nice meal or two.Comment
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Originally posted by Spoiler View PostLooking around at provider costs, Interactive Investor looks good - £240 a year flat fees (currently works out at ~0.22% fees decreasing as pot increases).
Anyone compared fees recently and found an alternative ?Comment
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ii still looking good - £19.99 a month flat fee, which includes 1 trade (works for me as my Ltd is paying in monthly)
- Our administration fee is just £10 per month while you are building your pension pot, in addition to the service plan fee of £9.99 per month.
- UK trades are charged at £7.99. Every month we give you a free credit of £7.99 to be used against any trade.
Still looking around, but at the moment these lot look the best option for now.Comment
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