Our Guide To Self Invested Personal Pensions Essentially, a SIPP is a pension plan where the investments are chosen by the pension holder, rather than by the provider. This gives the holder far more control over how their money is invested than is the case with a traditional pension. What is a SIPP? A Self-Invested …
How To Invest In A SIPP (Self-Invested Personal Pension) Read More »
WU Shop helps Western Union take aim at the online shopping market Financial services providers are branching out into online shopping with money transfer provider Western Union’s launch of a digital platform for shoppers in Germany and Austria. Read our full Western Union review here What is WU Shop? The WU Shop is aimed at …
A reader asks: I have a SIPP from which I drawdown amounts as a pension. The SIPP is invested. Sanlam have managed the investments for many years, and they used MC Trustees as SIPP administrators. MC Trustees were acquired by Mattioli Woods. Mattioli Woods charge me on a flat rate basis which has become expensive compared to the reduced size of the fund. Sanlam have confirmed that …
A reader asks: I am looking to purchase a retail commercial property for £100,000 using a transfer from my personal pension into a SIPP. I just wanted to know how I find the most competitive commercial SIPP provider reference charges. As is often the case when it comes to uncovering the fees for financial products, …
How can I compare commercial property SIPP charges? Read More »
A reader asks: I have a SIPP with a value circa £800K, I am thinking of changing from my current platform. I’ve been told AJ Bell are a good choice. Would I need to speak to them direct regarding exit fees and possible incentives to move to them? The beauty of self-invested personal pensions (SIPPs) …
How do I deal with exit fees when switching SIPP provider? Read More »
Five million Britons are at risk of losing their retirement savings to fraudsters and pension scams. This was the alarming figure published by the Financial Conduct Authority (FCA) and The Pensions Regulator (TPR) this summer in a bid to prevent more people joining the millions who have already seen their savings disappear overnight. In 2018, …
Pension Scams: How To Spot, Avoid and Report Them Read More »
