Pensions Pensions Pensions

[Hiram King Of Tyre]

Another question. Does anyone know if its possible into pay into two pensions at once. E.g. a Hargreaves Lansdown Vantage for funds and Sippdeal for shares????

That's exactly what I do except I use Alliance Trust for shares

[Ninja1980]

Is Alliance Trust better than Sippdeal for shares/etf's?

[vince_labcoat]

That's exactly what I do except I use Alliance Trust for shares

I use HL for my SIPP which I have invested in Funds. I was thinking of splitting some of my contribution into Shares as well. Why would you not use HL for shares ? Are they more expensive with their charges ?

[pmeswani]

I use HL for my SIPP which I have invested in Funds. I was thinking of splitting some of my contribution into Shares as well. Why would you not use HL for shares ? Are they more expensive with their charges ?

http://www.h-l.co.uk/investment-serv...interest-rates

It depends on who else you are looking at. Unless you are looking to put the shares in your pension (which may or may not be a good idea), it would be best to find a cheaper shares trader. Also bear in mind that you won't get a shares certificate with H&L. I have put some shares in my pension, only because the amount of spare cash is not worth investing into funds.

[Fred Bloggs]

I don't buy any stocks with HL because of the ongoing management charges. I only hold funds via HL in ISAs and SIPPs.

[Hiram King Of Tyre]

At the time I looked, Alliance trust charges were lower

[Fred Bloggs]

At the time I looked, Alliance trust charges were lower

For stocks, yes. HL charges £0 for unit trust SIPP's and ISA's.

[Hiram King Of Tyre]

For stocks, yes. HL charges £0 for unit trust SIPP's and ISA's.

Yes agreed. I was answering to the question above about why I use HL for funds and AT for shares

[Fred Bloggs]

Yes agreed. I was answering to the question above about why I use HL for funds and AT for shares

Wise strategy.

[Contracting Knob]

Thread Hijack

Hi, Newbie here trying to get my head around all the options as I start contracting.

Have read a lot of threads about pension contributions and think I understand the basics but had one small question, if anyone knows the answer.

Lets say my Ltd has revenue of £100k per year, of which it pays me £5k salary (NI and tax free) and then my company makes a £95k contribution to my pension (which will also be NI and tax free). If I did not need the £5k to live on could I also make an additional personal contribution of another £5k to my pension and receive the 20% rebate from HMRC to my Pension so that I finished the year with £101k in my pension (tax and NI free) ?

Just thinking out loud here and probably making lots of rookie errors