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How much are your fees for that SIPP? It's direct with Vanguard?
I'm paying £20 for mine with interactive and wonder if there's better options going direct with some funds.
hippy-
Vanguard were the cheapest around for people starting SIPP’s when I opened it last year.
Somewhat controversially they are upping the fees later this month in a way that makes it more expensive for people with less than ~32k. Still cheap above that.
There are a couple of platforms who are offering zero fees in a bid to win over people leaving vanguard. I imagine those platforms won’t stay at zero for ever, but could be good for a bit. Invest Engine is one.
I’m gonna stick with Vanguard for now just for ease and reliability. Sure fees have gone up for my small pot, but I think it’s only £50 ish a year total. Set and forget is better for me than chasing the lowest fees, and the account has done well over the past year
BondMax
Makes sense.
Specifically the Vanguard Global All Cap index fund.
I started a SIPP with them last year which has done well percentage wise albeit only a small amount, and the time frame being 30+ years.
I have some savings just sitting in a cash isa which feels safe but doesn’t return much.
I’m thinking about moving them into a Vanguard isa with this same fund.
I might use this money within the next few years towards a deposit with partner. A percentage increase would be really useful, but at the same time I’d be really gutted if it went down.