tag:blogger.com,1999:blog-2875915890415125655.post5311889756590452085..comments2023-05-18T10:37:34.608+01:00Comments on <a href="http://www.retirementinvestingtoday.com">Retirement Investing Today</a>: Transferring my Company Pension into a SIPPRetirementInvestingTodayhttp://www.blogger.com/profile/03088383743670046657noreply@blogger.comBlogger22125tag:blogger.com,1999:blog-2875915890415125655.post-70731315524394994252016-10-03T11:17:05.715+01:002016-10-03T11:17:05.715+01:00Hi can you edit my post please - it should say Lib...Hi can you edit my post please - it should say Liberty not LifetimeAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-2875915890415125655.post-51922260583108083462016-10-03T11:07:45.455+01:002016-10-03T11:07:45.455+01:00Hello Ric, Have XO become less clunky since they m...Hello Ric, Have XO become less clunky since they moved from Lifetime to Gaudi as their underlying SIPP provider?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2875915890415125655.post-23637250372575815402015-05-13T18:43:57.370+01:002015-05-13T18:43:57.370+01:00I use XO for my SIPP account. I'm limited in c...I use XO for my SIPP account. I'm limited in choice as I want to avoid the companies that I use for my larger ISAs (to avoid too many eggs in each basket). <br /><br />XO are very cheap, open and simple. The trading platform is basic but functional. The administration system (for one-off contributions etc) is clunky and paper based. Tax credits arrive after about 6 to 8 weeks. The terms &Richttp://rsake.comnoreply@blogger.comtag:blogger.com,1999:blog-2875915890415125655.post-81530667813051796232015-05-09T16:55:42.571+01:002015-05-09T16:55:42.571+01:00I have my ISA with ii - transferred about from HL ...I have my ISA with ii - transferred about from HL about 18 months ago. No real issues and speed of replies, actions, div payments etc has improved of late. I suspect they got swamped by transfers when the % platforms started charging but this volume should reduce over time.<br /><br />One question I have - one can find 'cost' information regarding platforms while still investing but the Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2875915890415125655.post-9648478072410263212015-05-09T13:59:03.147+01:002015-05-09T13:59:03.147+01:00Hello RIT.
The iii SIPP has not paid any tax recl...Hello RIT.<br /><br />The iii SIPP has not paid any tax reclaim from October last year. One of my family has been with them since that time last year, and has never received the tax relief. It's affecting everyone - read the Monevator 'cheapest online brokers' post from comment 887 onwards.<br /><br />I suppose it'll be OK soon, but I am finding it extremely worrying, and am Algernondnoreply@blogger.comtag:blogger.com,1999:blog-2875915890415125655.post-82783968754545328812015-05-03T14:23:58.261+01:002015-05-03T14:23:58.261+01:00I'm planning to merge two of my pensions from ...I'm planning to merge two of my pensions from my previous work history (one of which is only about £50k) into a SIPP. That will give me just two (non-state) pension funds each of a worthwhile amount.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2875915890415125655.post-34314973161229061702015-05-03T10:45:07.856+01:002015-05-03T10:45:07.856+01:00PS
Make sure you can transfer your assets in spe...PS <br /><br />Make sure you can transfer your assets in specie. If not you would be taking a big risk or you could end up going through the hassle of hedging with a spread betPassive Investorhttps://www.blogger.com/profile/08535258693941313287noreply@blogger.comtag:blogger.com,1999:blog-2875915890415125655.post-76753924303939608082015-05-03T10:42:14.325+01:002015-05-03T10:42:14.325+01:00I have been a recent client of HL, Best Invest and...I have been a recent client of HL, Best Invest and now iii for my SIPP. I would rate HL the best and iii not quite as good. Clearly iii offers much better value if you have a fair sum invested. More detailed comments:<br /><br />- iii have definitely raised their game over the last 3 years<br />- I have always managed to get through quite quickly on the phone to someone who was helpful<br />- Passive Investorhttps://www.blogger.com/profile/08535258693941313287noreply@blogger.comtag:blogger.com,1999:blog-2875915890415125655.post-15793338996675215432015-05-03T10:09:37.325+01:002015-05-03T10:09:37.325+01:00@RIT: iWeb is part of Halifax Sharedealing. See ...@RIT: iWeb is part of Halifax Sharedealing. See http://www.iweb-sharedealing.co.uk/about-iweb/important-information.aspAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-2875915890415125655.post-77498468033496721232015-05-03T07:45:04.303+01:002015-05-03T07:45:04.303+01:00I use iii for a couple of NISAs and I've never...I use iii for a couple of NISAs and I've never had a problem with them. Have had accounts with them for almost ten years. Also have had accounts with AJBell and Best Invest, overall the latter is the best of the three, but no complaints about any of them. iii works out cheapest overallM from There's Valuehttp://theresvalue.co.uknoreply@blogger.comtag:blogger.com,1999:blog-2875915890415125655.post-27329847723860309562015-05-02T21:20:40.877+01:002015-05-02T21:20:40.877+01:00I too would use HL and cap at £200pa.
Will you be...I too would use HL and cap at £200pa.<br /><br />Will you be out of the market during the transfer - how will you avoid this? I am interested in how you are managing this as my company stakeholder scheme charges >£1000pa and I want to switch to HL to save charges too.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2875915890415125655.post-20122619260300940202015-05-02T19:30:27.183+01:002015-05-02T19:30:27.183+01:00HL seem steep at 0.45% p.a. but it's capped fo...HL seem steep at 0.45% p.a. but it's capped for a SIPP at £200 p.a. as long as you are invested in shares, gilts, ETFs and such, as distinct from "funds".<br /><br />We find their service excellent. Alas, we are investing peanuts and will never get anywhere near their cap.deariemenoreply@blogger.comtag:blogger.com,1999:blog-2875915890415125655.post-75181189089260751402015-05-02T19:18:42.678+01:002015-05-02T19:18:42.678+01:00My previous company went bankrupt with my pension ...My previous company went bankrupt with my pension pot. Nevertheless, it got transferred to a major pension vendor without any loss and still fully available for me. It was done by the firm handling the bankruptcy. Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2875915890415125655.post-83368385960257074012015-05-02T18:45:48.589+01:002015-05-02T18:45:48.589+01:00I have no experience with Interactive Investors bu...I have no experience with Interactive Investors but am pleased to hear your ongoing phone calls, emails and communications are finally resulting in a change. Let us know your progress. Sunshinehttp://www.sunshineretirementliving.com/community-locations/la-mesa/noreply@blogger.comtag:blogger.com,1999:blog-2875915890415125655.post-41980251780292994572015-05-02T15:47:36.293+01:002015-05-02T15:47:36.293+01:00I use Hargreaves Lansdown for my SIPP. They are ce...I use Hargreaves Lansdown for my SIPP. They are certainly not the cheapest, though I have no complaints at all about the service and ease of use of the website. On the odd occasion I've needed to contact them by phone or Email, it has always been a quick response. Although they are not the cheapest for on going fund charges, they do not charge for switching between funds so that is a help.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2875915890415125655.post-20668190671896372722015-05-02T15:08:07.964+01:002015-05-02T15:08:07.964+01:00Hi RIT,
This is interesting. As my pension pot g...Hi RIT,<br /><br />This is interesting. As my pension pot grows I get increasingly wary of having my employment, mortgage provider, share save, share options and pension all tied up with the one company. (Admittedly the pension is in trust in a separate legal entity, but still....)<br /><br />I don't have any complaints about the scheme as such, its pretty cheap and the online platform is Anonymoushttps://www.blogger.com/profile/18300941962780673623noreply@blogger.comtag:blogger.com,1999:blog-2875915890415125655.post-73346083519158121012015-05-02T15:00:42.043+01:002015-05-02T15:00:42.043+01:00Before you make a transfer
Contact your current pe...Before you make a transfer<br />Contact your current pension provider and the provider you want to transfer to. You’ll need to check if:<br /><br />your existing pension scheme allows you to transfer some or all of your pension pot<br />the scheme that you wish to transfer into will accept the transfer<br />If you transfer your pension, you may:<br /><br />have to make payments to the new scheme<Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2875915890415125655.post-23221692407784375892015-05-02T14:01:34.076+01:002015-05-02T14:01:34.076+01:00Hi John and Cerridwen
Thanks for the information o...Hi John and Cerridwen<br />Thanks for the information on Interactive Investors. I'd seen a very old thread on Motley Fool that didn't have a lot nice things to say but nothing recent that was overly concerning. Thanks for the further information including the MSE hint. Looks like I have a little more DYOR to do given that MSE thread runs to 66 pages.<br /><br />Hi Anon<br />Thanks for RetirementInvestingTodayhttps://www.blogger.com/profile/03088383743670046657noreply@blogger.comtag:blogger.com,1999:blog-2875915890415125655.post-71189716233659261372015-05-02T12:40:40.889+01:002015-05-02T12:40:40.889+01:00Just so I'm clear - by completing this Declara...Just so I'm clear - by completing this Declaration of Claim Discharge it's possible to transfer funds from an employer DC pension into a scheme of your choice, and you can do this on a regular basis, e.g. accumulate x months in the company scheme and then transfer it out? Do you know if this is something your employer's pension provider has chosen to do, or whether it's a service Jonnoreply@blogger.comtag:blogger.com,1999:blog-2875915890415125655.post-22124081908080173502015-05-02T10:47:26.323+01:002015-05-02T10:47:26.323+01:00sorry no experience of iii but i use IWEB for my N...sorry no experience of iii but i use IWEB for my NISA and they seem OK so far. I am on a similar strategy to you. Am currently doing 20% salary sacrifice but our employer does not enhance - they just keep it. The fund is not the best but the charges are only 0.3%.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2875915890415125655.post-79744180084184343892015-05-02T10:10:08.179+01:002015-05-02T10:10:08.179+01:00I use iii but for my ISA, not my SIPP, which is wi...I use iii but for my ISA, not my SIPP, which is with Fidelity. There's no denying that there have been problems over the last 18 months or so probably because they are so cheap and this seems to have pushed their business past the point at which they could efficiently manage it. I think the MSE thread that diy investor is referring to is probably <a href="http://forums.moneysavingexpert.com/Cerridwenhttps://www.blogger.com/profile/09113285657493048091noreply@blogger.comtag:blogger.com,1999:blog-2875915890415125655.post-36343446825369564302015-05-02T09:04:10.656+01:002015-05-02T09:04:10.656+01:00To answer your question - after the experience I h...To answer your question - after the experience I had with Interactive Investor in 2012, I could never, ever recommend them. I will not go into detail but there are lengthy threads on Motley Fool 'broker' board and also MSE 'saving/investing' board which you may wish to read before making a final decision.Getting to Net Zerohttps://www.blogger.com/profile/05649975918886866788noreply@blogger.com