Use assets as "pension"?

[IR35 Avoider]

job done - right pensions - where di I get one of them

Sippdeal are the cheapest for single contributions.

Lots of people seem to like Hargreaves Lansdown, who are cheap for regular contributions, but regular contributions seens like a bit of a permie approach to me.

Once a quarter I calculate how much excess money I have in the company and make a single contribution of that amount to the pension. (Login to the web site, fill out a form, send it off with a company cheque to Sippdeal.) The Sippdeal online trading isn't as good as my Selftrade ISA account, but as I only make one transaction a quarter that's not important.

I invest only in ETF's and investment trusts with low charges. Most OEICS and unit trusts charge to much. Many also pay kickbacks (comission) to the broker (Sippdeal or Hargreaves Lansdown) which I don't want to fund. One exception is Fidelity Moneybuilder UK index which my wife holds in her Sippdeal account. When I last looked they were the cheapest UK tracker fund, charging only 0.1% per year, though other admin costs raise their TER to 0.3%, which is similar to other cheap funds and ETFs.

[DonkeyRhubarb]

I can also recommend Hargreaves Landsdown and Sippdeal.

The IUKD etf (50 top high yielders from the FTSE350) might be worth considering. It has been beaten down recently due to the pounding of banks and house builders but now might be a good time to start accumulating. It pays a decent dividend which over the long term is usually a good bet.

IMHO, a pension is the best/safest form of tax avoidance that's available.

[moorfield]

HL SIPP gets my vote too.

If you are of the opinion (like me) that you are unlikely to beat the market over a 20 year period by "actively" trading within your SIPP, take the "passive" approach and stick to the tracker funds - these are by far the cheapest eg. HSBC UK Index is only 0.25%. Always good to diversify a litte too.