Welbeck Group

[lukemg]

HL for me too, FTSE100 co now so some security there. I have the bulk of my SIPP in these 4 - HSBC Pacific Index
Vanguard US Equity Index
HSBC European Index
Vanguard UK Equity Income
They are very low cost trackers. For many years I did have most in more expensive managed funds and retain some of these but after extensive reading (couple of books slating managed funds) and fool.co.uk I am happy to have the bulk in trackers and some in HYP individual shares and a few funds that have done great for me (past performance no guarantee etc)
You could also consider a Vanguard lifestyle fund which will do the lot across global markets and even do a mix of percentages with bonds (considered dodgy at the mo due to QE so I have swerved)
Depends on your age, time to retirement, attitude to risk etc

There are also 'baskets' of Investment Trusts mentioned on fool.co.uk which provide a very broad cover without active involvement.
oh - and check out lazy portfolio + Monevator.

Good luck, you are doing the right thing !! (max out your ISA first of course...)

[SimonMac]

Never heard of them. You could do a lot worse than open a SIPP account with Hargreaves Lansdown, I have used them for a number of years and their customer service is excellent. Set up costs for a SIPP at HL are zero.

+1

My SIPP is with HL and I can't be happier with the service and costs

[Fred Bloggs]

Hmmm - sounds hit and miss

Not really, do your research and you will be investing in winners. Here's a couple to get you started - Cazenove UK Smaller Companies, Marlborough Special Situations, Chelverton UK Income. I suggest you look up those long term good performers and get a feel for what you're looking for in an investment. Myself, most of my SIPP is invested in UK Equity Income funds.

[andyc2000]

[QUOTE= Good luck.[/QUOTE]

Hmmm - sounds hit and miss

[Fred Bloggs]

With the HL product, how much effort do you find you have to put in to manage the funds? Is it easy enough even if you're not that investy savvy?

What Kevpuk says is not far off the mark. I'm a little sceptical of the HL wealth 150 list of funds though, there are a few dogs in the list. Do your research at web sites such as Citywire and Trustnet and then make your choices. It isn't that difficult to sort the consistently good performing fund managers from the also rans. Good luck.

[kevpuk]

With the HL product, how much effort do you find you have to put in to manage the funds? Is it easy enough even if you're not that investy savvy?

I wouldn't class myself as particularly investment-savvy, but then am happy to read up on funds and do have a pretty good understanding of principles. What HL do offer, though, is a wealth of information on both funds and strategies one can undertake, and my advice would be to have a good session or few reading up on their website.
For example, they have a group of funds called the Welath 150 which are highly regarded 'tips' if you like; no guarantees, but a good start point. On top of that, there are managed trackers that ease the burden of choice a little, potentially at the cost of increased management charges.
So, read, read and read some more, I would say

[andyc2000]

Sorry, badly worded post....I meant I had not heard of the Wellbeck Group, and recommend Hargreaves Lansdown - I use HL myself, and have found them very good.

With the HL product, how much effort do you find you have to put in to manage the funds? Is it easy enough even if you're not that investy savvy?

[kevpuk]

Given what's potentially at stake when investing largish sums of money in a pension, I'd avoid anyone that weren't well known by featuring in the press and other places. Names like Alliance Trust Savings, SIPP Deal, Best Invest, Chelsea Financial etc.. all spring to mind.

Sorry, badly worded post....I meant I had not heard of the Wellbeck Group, and recommend Hargreaves Lansdown - I use HL myself, and have found them very good.

[Fred Bloggs]

Not heard of them, but another vote for Hargreaves Lansdown...

Given what's potentially at stake when investing largish sums of money in a pension, I'd avoid anyone that weren't well known by featuring in the press and other places. Names like Alliance Trust Savings, SIPP Deal, Best Invest, Chelsea Financial etc.. all spring to mind.

[kevpuk]

Not heard of them, but another vote for Hargreaves Lansdown...

[andyc2000]

Be very careful which Welbeck company you deal with...

It's not the boiler room version of the company - they have offices and everything, all FSA registered etc. Will be getting quotes from other companies as well.

[cojak]

Be very careful which Welbeck company you deal with...

http://forums.contractoruk.com/gener...d-welbeck.html

[Fred Bloggs]

Never heard of them. You could do a lot worse than open a SIPP account with Hargreaves Lansdown, I have used them for a number of years and their customer service is excellent. Set up costs for a SIPP at HL are zero.

[andyc2000]

Anyone had any recent dealings with Welbeck? They seem professional enough. A google search reveals one very disgruntled ex customer, but that seems like a misunderstanding. Other than that has anyone used them for a SIPP? If so did the setup costs seem typical?

Cheers

Andy