Pensions - managed vs unmanaged
+ Reply to Thread
Page 2 of 3 FirstFirst 1 2 3 LastLast
Posts 11 to 20 of 29
  1. #11

    More time posting than coding

    DallasDad's Avatar
    Join Date
    Dec 2015
    Location
    Shropshire UK
    Posts
    351
    Thanks (Given)
    13
    Thanks (Received)
    23
    Likes (Given)
    48
    Likes (Received)
    66

    Default

    There is a fair bit of debate re Passive Versus Active Funds
    1.9% is steep!

    Like many people here I am using a couple of the Vanguard funds charging .22-.24%

    Spend an hour or three reading this blog for a obviously passively biased view.

    Monevator — Make more money, invest profitably, retire early

    Then discuss with your IFA
    So now I am worried, am I being deceived, just how much sugar is really in a spoon full!

  2. #12

    Fingers like lightning

    FarmerPalmer's Avatar
    Join Date
    Jul 2007
    Location
    Wiltshire
    Posts
    799
    Thanks (Given)
    4
    Thanks (Received)
    21
    Likes (Given)
    92
    Likes (Received)
    40

    Default

    St James Place fund fees are apparently not transparent, and may include ongoing fees to advisers, thus the lower performance when compared to other providers:

    Crack the code of advisers’ fees - Financial Advice Now! All things IFA

  3. #13
    eek
    eek is online now

    bored now

    eek's Avatar
    Join Date
    Jun 2010
    Location
    😂
    Posts
    22,619
    Thanks (Given)
    261
    Thanks (Received)
    1253
    Likes (Given)
    1068
    Likes (Received)
    3681

    Default

    Quote Originally Posted by FarmerPalmer View Post
    St James Place fund fees are apparently not transparent, and may include ongoing fees to advisers, thus the lower performance when compared to other providers:

    Crack the code of advisers’ fees - Financial Advice Now! All things IFA
    I can't find the link but a few weeks back the Sunday Times had a front page (think it was the business section) attack on St James Place's business methods..

    Run and keep running was the advice, oh and any independent FSA offering their schemes is anything but independent....
    merely at clientco for the entertainment

  4. #14

    Fingers like lightning

    FarmerPalmer's Avatar
    Join Date
    Jul 2007
    Location
    Wiltshire
    Posts
    799
    Thanks (Given)
    4
    Thanks (Received)
    21
    Likes (Given)
    92
    Likes (Received)
    40

    Default

    Quote Originally Posted by eek View Post
    I can't find the link but a few weeks back the Sunday Times had a front page (think it was the business section) attack on St James Place's business methods..

    Run and keep running was the advice, oh and any independent FSA offering their schemes is anything but independent....
    €˜Rip-off€™ fees of top 10 pension fund provider | Money | The Times & The Sunday Times

    "This article is the subject of a legal complaint from St James’s Place"

    but it was re-reported here:

    https://www.moneymarketing.co.uk/sun...-over-charges/

    They don't seem to get a good press regarding fees:

    https://www.google.co.uk/webhp?sourc...s+place+fees&*
    Last edited by FarmerPalmer; 11th March 2017 at 09:34.

  5. #15

    Some things in Moderation

    cojak's Avatar
    Join Date
    Jul 2005
    Location
    Look to your right...
    Posts
    18,021
    Thanks (Given)
    491
    Thanks (Received)
    1061
    Likes (Given)
    4223
    Likes (Received)
    2814

    Default

    Quote Originally Posted by FarmerPalmer View Post
    ‘Rip-off’ fees of top 10 pension fund provider | Money | The Times & The Sunday Times

    "This article is the subject of a legal complaint from St Jamess Place"

    but it was re-reported here:

    https://www.moneymarketing.co.uk/sun...-over-charges/

    They don't seem to get a good press regarding fees:

    https://www.google.co.uk/webhp?sourc...s+place+fees&*
    Yes - their sort is highly litigious.

    One the schemes went after CUK in 2013 for putting their names forward in the same breath as EBT schemes (a previous incarnation was an EBT).

    Their trajectory was identical to every other EBT scheme, however...

  6. #16

    Should post faster


    Join Date
    Jul 2016
    Posts
    169
    Thanks (Given)
    0
    Thanks (Received)
    3
    Likes (Given)
    8
    Likes (Received)
    28

    Default

    I like passive global tracker funds. It's comforting that I'm not heavily exposed to one particular sector or region, although looking at how much the stock market has risen over the past 5 years, I can see a fall fairly soon.

    But I know absolutely zero about trading so I might be wrong. It's more me looking at the historical graphs and thinking "hmm that seems too good to be true".

  7. #17

    Still gathering requirements...


    Join Date
    Sep 2014
    Posts
    45
    Thanks (Given)
    1
    Thanks (Received)
    0
    Likes (Given)
    0
    Likes (Received)
    7

    Default

    I have had a SIPP for 10+ years, I've changed my mind a few times along the way about "investment policy", but I'm also gravitating towards the "single global tracker"; partly inspired by recent posts on Monevator. Every time you change your mind, of course, you infer a few extra costs in dealing fees and or/pension transfer fees. I guess the investment side of it has been something of a "hobby" at times over the years.

    If I were "starting again", I might not even bother with the SIPP, I'd be looking at Cavendish Online for the lowest-cost _personal_ pension I could find - which might of course turn out to be a SIPP - and plugging away with the contributions for a couple of decades.

  8. #18

    Fingers like lightning


    Join Date
    Mar 2013
    Location
    Northeast or where the money is
    Posts
    699
    Thanks (Given)
    7
    Thanks (Received)
    29
    Likes (Given)
    82
    Likes (Received)
    120

    Default

    Quote Originally Posted by blackeye View Post
    looking at how much the stock market has risen over the past 5 years, I can see a fall fairly soon.
    Most of the recent rise is to do with the decline in the pound and the companies essentially being global

  9. #19

    Super poster

    Fred Bloggs's Avatar
    Join Date
    Feb 2008
    Posts
    4,778
    Thanks (Given)
    24
    Thanks (Received)
    87
    Likes (Given)
    96
    Likes (Received)
    294

    Default

    Quote Originally Posted by Ebenezer View Post
    I have had a SIPP for 10+ years, I've changed my mind a few times along the way about "investment policy", but I'm also gravitating towards the "single global tracker"; partly inspired by recent posts on Monevator. Every time you change your mind, of course, you infer a few extra costs in dealing fees and or/pension transfer fees. I guess the investment side of it has been something of a "hobby" at times over the years.

    If I were "starting again", I might not even bother with the SIPP, I'd be looking at Cavendish Online for the lowest-cost _personal_ pension I could find - which might of course turn out to be a SIPP - and plugging away with the contributions for a couple of decades.
    Sure, I think the two best options now for contractor pensions are SIPPs with Cavendish (for a % fee, but almost half that of HL) and for bigger pots, II (for flat fee SIPP).

  10. #20

    Super poster

    Fred Bloggs's Avatar
    Join Date
    Feb 2008
    Posts
    4,778
    Thanks (Given)
    24
    Thanks (Received)
    87
    Likes (Given)
    96
    Likes (Received)
    294

    Default

    Quote Originally Posted by blackeye View Post
    I like passive global tracker funds. It's comforting that I'm not heavily exposed to one particular sector or region, although looking at how much the stock market has risen over the past 5 years, I can see a fall fairly soon.

    But I know absolutely zero about trading so I might be wrong. It's more me looking at the historical graphs and thinking "hmm that seems too good to be true".
    It's true. It's the eighth wonder of the world - Compound Interest.

+ Reply to Thread
Page 2 of 3 FirstFirst 1 2 3 LastLast

Posting Permissions

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

Content Relevant URLs by vBSEO 3.6.0 ©2011, Crawlability, Inc.