SIPP Pension Initial Costs - IFA

[Cirrus]

Really?

0.45% for the first £250K, 0.25% for the next £750K, 0.1% for the next £1M..

Sorry, you're right. I don't know what I was thinking of

[Spoiler]

Since giving up on II, I've had a rethink on where next.

Am thinking of opening the Vanguard SIPP when it's available (hopefully early 2020) and transfer existing pot to them. This will give me access to the Vanguard funds that would have been part of my portfolio.

Based on that fee, I still have some headroom compared to the annual fee II would have cost.

Then, open up a second SIPP elsewhere that's also a % based fee and invest new cash in non-VG funds/ETFs.

Youinvest, Close Brothers look good for this. May even hang on and see what the Freertrade SIPP looks like (not available yet, but they are recruiting for it so may not be far off).

[WordIsBond]

Sorry, you're right. I don't know what I was thinking of

I don't think it warrants a pistol to the head. We already knew you were capable of getting it drastically wrong, so no harm done.

[foxes1884]

The monevator site has a broker comparison table, which is useful. They have a lot of stuff on index funds and costs which helped me with my SIPP. I went with ATS and recently got dragged over to II when they bought them out.

Compare the UK’s cheapest online brokers

[Freewill]

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

Just take their buylist recommendations with a pinch of salt.
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