Vanguard SIPP now launched

[adubya]

It's been a long time coming but it's now open.

Vanguard: Helping you reach your investing goals | Vanguard

It's still more expensive for me than my current provider, iWeb but will look at the drawdown detail when announced as moving to Vanguard just before taking the pension may save money.

[GhostofTarbera]

Can I invest in bitcoins ?


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[jamesbrown]

Can I invest in bitcoins ?


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Do you want a pension?

[GhostofTarbera]

Do you want a pension?

Not really, the state will provide


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[Spoiler]

Vanguard's new SIPP does not currently allow for regular employer contributions (i.e. monthly DD/SO), only personal.
The portal does allow one-off employer contributions, so just a bit of a manual process if you want to contribute from your Ltd monthly.

[WordIsBond]

It appears to me that you cannot invest in individual shares, investment trusts, or non-Vanguard funds, within either their SIPP or their ISA. Is that correct?

[GhostofTarbera]

It appears to me that you cannot invest in individual shares, investment trusts, or non-Vanguard funds, within either their SIPP or their ISA. Is that correct?

Sounds like a great wheeeze


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[Hobosapien]

Vanguard's new SIPP does not currently allow for regular employer contributions (i.e. monthly DD/SO), only personal.
The portal does allow one-off employer contributions, so just a bit of a manual process if you want to contribute from your Ltd monthly.

How often is a 'one-off' employer contribution allowed to avoid being classed as 'regular'?

So regular manual payments are allowed and it's just the lack of automated regular payments that are currently lacking? Seems something they could add relatively easily over coming months.

[adubya]

It appears to me that you cannot invest in individual shares, investment trusts, or non-Vanguard funds, within either their SIPP or their ISA. Is that correct?

Yes, Vanguard products only.

[WordIsBond]

Sounds like a great wheeeze


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Well, if all anyone wants is trackers (passive investing), it's not bad. There are trackers and there are trackers, but most in general a FTSE-100 tracker from Vanguard is as good as one from anywhere else. With trackers you want low fees, and this is a low fee option, certainly.