Penfold Pension

[Fred Bloggs]

does AJBell do similar to vanguard tracker funds?

Yes.

[xenomorph]

will take a look at AJ
HL are annoying as they are missing my apartment number so want me to post details and fill in form. its the digital age dammit and why do they have flat next to me but not mine listed.
not new build these flats been around for 7 years
cheers

[SuperLooper]

I took a look at Penfold when they popped up in the Starling marketplace. I liked the fact it was a near-instantaneous online signup process, so I signed up. I'll keep my existing pension going while I see how Penfold works out over the next few months.

[xenomorph]

Have you asked Danger Mouse?

nope

[Lance]

Agree with what other say.
The only problem with II is the identity proof they want. I cannot be arsed to go to a post office to validate my identity. Although as the fund gets larger I'll find some motivation.
I'm still with Hargreaves Lansdown, and they are fine other than I've just passed the threshold where II would cost less.

[northernladuk]

Hi all
Anyone had experience with Penfold Pension?
They are meant to be a self employed specialist but also can accept ltd company directors or employees.

Have you asked Danger Mouse?

[xenomorph]

Then go with AJ Bell (0.25%) and transfer to II (flat rate) at the break even point which is around £100k presently, IIRC. Myself, I see absolutely zero reason to go outside of the main stream retail platforms. Safety in numbers.

does AJBell do similar to vanguard tracker funds?

[Fred Bloggs]

looked at II but fees seem to be quite high if your current SIPP value is low.
Penfold charge 0.25% per year of your SIPP value.

Then go with AJ Bell (0.25%) and transfer to II (flat rate) at the break even point which is around £100k presently, IIRC. Myself, I see absolutely zero reason to go outside of the main stream retail platforms. Safety in numbers.

[SueEllen]

looked at II but fees seem to be quite high if your current SIPP value is low.
Penfold charge 0.25% per year of your SIPP value.

Your SIPP value won't remain low for ever.

[xenomorph]

Who?

Just use AJ Bell or Interactive Investor. No need for a self proclaimed "specialist" who will likely skin you for charges.

looked at II but fees seem to be quite high if your current SIPP value is low.
Penfold charge 0.25% per year of your SIPP value.

[Fred Bloggs]

Hi all
Anyone had experience with Penfold Pension?
They are meant to be a self employed specialist but also can accept ltd company directors or employees.

Who?

Just use AJ Bell or Interactive Investor. No need for a self proclaimed "specialist" who will likely skin you for charges.

[xenomorph]

Hi all
Anyone had experience with Penfold Pension?
They are meant to be a self employed specialist but also can accept ltd company directors or employees.