SIPP Pension Initial Costs - IFA SIPP Pension Initial Costs - IFA
Page 1 of 5 123 ... LastLast
Posts 1 to 10 of 45
  1. #1

    Should post faster


    Join Date
    Aug 2013
    Posts
    121

    Default SIPP Pension Initial Costs - IFA

    Hi Guys,

    I have spoken to 2 IFA's as I need to set up a pension, i have decided to go for a SIPP Pension.

    The first IFA wanted £3k to set up the second IFA a more reasonable £750, it still seems a little steep.

    The service has been quoted is to set up a SIPP only not being managed etc as this would be pointless in the first couple of years until the balance grew.

    Wondering how much fellow contractors paid when setting up their SIPP or did they do it on their own?

    Cheers

  2. #2

    Super poster

    Scruff's Avatar
    Join Date
    Mar 2013
    Location
    Leafy Surrey (Lahndahn Tahn)
    Posts
    2,981

    Default

    £0

    Hargreaves Landsdown

    DIY
    I was an IPSE Consultative Council Member, until the BoD abolished it. I am not an IPSE Member, since they have no longer have any relevance to me, as an IT Contractor. Read my lips...I recommend QDOS for ALL your Insurance requirements (Contact me for a referral code).

  3. #3

    Super poster

    Lance's Avatar
    Join Date
    Sep 2013
    Location
    home
    Posts
    4,605

    Default

    Quote Originally Posted by Scruff View Post
    £0

    Hargreaves Landsdown

    DIY
    £0 for interactive investor as well but they need some validated documents so it’s a pain. Thumbs up for HL.
    See You Next Tuesday

  4. #4

    Contractor Among Contractors

    GhostofTarbera's Avatar
    Join Date
    May 2018
    Posts
    1,400

    Default

    Quote Originally Posted by Lance View Post
    £0 for interactive investor as well but they need some validated documents so it’s a pain. Thumbs up for HL.
    £3k gets 4 new tyres on his Bentley surly ?


    Sent from my iPhone using Contractor UK Forum

  5. #5

    Fingers like lightning


    Join Date
    Jun 2011
    Posts
    500

    Default

    I have an iWeb SIPP, £0 cost to open. What are these IFA's doing for their fees ?

    IWeb Share Dealing | SIPP (Self Invested Personal Pension)

    I also see that long awaited Vanguard SIPP is nearly with us

    Vanguard: Helping you reach your investing goals | Vanguard

  6. #6

    Super poster

    Lance's Avatar
    Join Date
    Sep 2013
    Location
    home
    Posts
    4,605

    Default

    Quote Originally Posted by GhostofTarbera View Post
    £3k gets 4 new tyres on his Bentley surly ?


    Sent from my iPhone using Contractor UK Forum
    Cheap tyres then.
    See You Next Tuesday

  7. #7

    Contractor Among Contractors

    GhostofTarbera's Avatar
    Join Date
    May 2018
    Posts
    1,400

    Default

    Quote Originally Posted by Lance View Post
    Cheap tyres then.
    You still got your Bentley sir ?


    Sent from my iPhone using Contractor UK Forum

  8. #8

    Should post faster


    Join Date
    Aug 2013
    Posts
    121

    Default

    Thank you all I thought it was a little step for a click of a few buttons ...

    said no IT contractor ever


    Sent from my iPhone using Contractor UK Forum

  9. #9

    Super poster

    Lance's Avatar
    Join Date
    Sep 2013
    Location
    home
    Posts
    4,605

    Default

    Quote Originally Posted by GhostofTarbera View Post
    You still got your Bentley sir ?


    Sent from my iPhone using Contractor UK Forum
    Too vulgar.
    See You Next Tuesday

  10. #10

    Super poster


    Join Date
    Jul 2005
    Posts
    3,017

    Default

    Quote Originally Posted by adubya View Post
    I have an iWeb SIPP, £0 cost to open. What are these IFA's doing for their fees ?

    IWeb Share Dealing | SIPP (Self Invested Personal Pension)

    I also see that long awaited Vanguard SIPP is nearly with us

    Vanguard: Helping you reach your investing goals | Vanguard
    Vanguard doesn't look as good a deal as IWeb or AJ Bell !?!

    Original poster - do it for free with any of the options mentioned here, invest it in a FTSE tracker and forget about it until you are retiring.

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •