In a fit of supporting local business I took out a Scottish Widows stakeholder pension in 2000. In the past 6 years it has barely grown in value. To add insult to injury, their Japanese fund, which I had half the pension in, has dropped 10% this year while the Nikkei went up considerably.
It looks like I need to move my pension, and a SIPP looks a good bet for
giving me control over what it is invested in. Obviously I should look
for one which charges low annual fees. I don't expect to do a
significant amount of trading and I'll probably only add a lump sum once
per annum. Does anyone have any recommendations?
- posted 13 years ago