Limited company - company pension?

[perplexed]

self-invested PERSONAL pension

It's yours not your companies. If you've managed to put it in your companies name then it's not yours. Good luck fixing that

Just checked. You're right, it is in my name. Phew.

[suresh505]

The information in this thread is very valuable.

Just to consolidate the most popular SIPP providers, we have:

Hargreaves Lansdown (Fee charged is a percentage of the size of the pension pot)
Interactive Investor (II) (Flat rate fee)
iWeb (not sure about the fee structure)

Is there any other new SIPP provider that is gaining traction?

[Fred Bloggs]

The information in this thread is very valuable.

Just to consolidate the most popular SIPP providers, we have:

Hargreaves Lansdown (Fee charged is a percentage of the size of the pension pot)
Interactive Investor (II) (Flat rate fee)
iWeb (not sure about the fee structure)

Is there any other new SIPP provider that is gaining traction?

Close Bros and Cavendish are both % based platforms but about half the cost of HL.

[Andy2]

The information in this thread is very valuable.

Just to consolidate the most popular SIPP providers, we have:

Hargreaves Lansdown (Fee charged is a percentage of the size of the pension pot)
Interactive Investor (II) (Flat rate fee)
iWeb (not sure about the fee structure)

Is there any other new SIPP provider that is gaining traction?

On HL website it says
0.45% a year (Capped at £200 a year across all holdings in the account)
does that mean £200 is the maximum you pay per year irrespective of holding size ?
can someone clarify

[northernladuk]

On HL website it says
0.45% a year (Capped at £200 a year across all holdings in the account)
does that mean £200 is the maximum you pay per year irrespective of holding size ?
can someone clarify

HL can......



but my cat probably could as well actually.

[Fred Bloggs]

On HL website it says
0.45% a year (Capped at £200 a year across all holdings in the account)
does that mean £200 is the maximum you pay per year irrespective of holding size ?
can someone clarify

The cap does not apply to funds. Only shares. Read the T and C carefully.

[Andy2]

The cap does not apply to funds. Only shares. Read the T and C carefully.

ok, so that means for a sipp containing shares ,ETF and investment trusts only ,HL costs the same as iii
I dont want to buy funds anyway as the fund managers charge too much

[Fred Bloggs]

ok, so that means for a sipp containing shares ,ETF and investment trusts only ,HL costs the same as iii
I dont want to buy funds anyway as the fund managers charge too much

Sorry, I don't know. You need to check T&C's very carefully, they change frequently. Myself, I will not use a platform where charges in any way limit my investment universe. Sure, fill your boots with shares and IT's. at HL. I choose a different path, so far, extremely successfully too. But it's a free world. Nobody here is going to try to change your mind.

[sludgesurfer]

As others have said, check with your provider. Post RDR, the offerings of many brokers have been subject to change often at relatively short notice.

I have two SIPPs. One with HL and one with IWeb.

In my opinion, HL are competitive if you choose to hold ETFs, Investment Trusts and individual shares. Their charges for doing so are shown in the link below. i.e. 0.45% capped at £200 across all holdings.

Help & support | Hargreaves Lansdown

HL are imo not competitive for holding funds given they are charged at an uncapped 0.45% albeit with lower charges for larger accounts.

Help & support | Hargreaves Lansdown

Iweb and others are far more competitive for funds. As well as your holdings, the size of your account has a large bearing on how competitive each provider is on price.

This is the best resource I have found for comparing brokers for SIPPs, ISAs and trading accounts.

/monevator. com/compare-uk-cheapest-online-brokers/ - Compare the UK’s cheapest online brokers

[Fred Bloggs]

The Daily Telegraph has a very easy to understand traffic light rating system against the major platforms for ISA and SIPP accounts. Rating them red, amber or green depending on portfolio size.