any tips on SIPPS

M Holmes · 2007-01-12T17:05:23+00:00

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? Thanks FoFP

Jan 12, 2007 41 Replies

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Tim 19 years ago

"Robert" wrote

Of course you can, if the provider allows it. Why do you think that you can't?

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Robert 19 years ago

I willingly stand corrected.

Robert

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