SIPPs - ComDirect

Jan 28, 2004 3 Replies

Given the recent demise of Charles Schwab Europe before I could setup a SIPP, are there any alternative companies which provide a similar level of service for a reasonable price. Basically I just want an account I can buy and sell shares online, hold cash in it for as long as I like, earning a reasonable rate of interest, that doesn't charge too much in fees.



I've come across ComDirect site, which seems to have been around for a few years now. Anyone care to recommend this service, or perhaps someone else? It's a shame they don't provide an all in one service, and you have to find someone else to administer the fund. I don't need an administrator for my ISA, so why an earth I need one for a pension is anyone's guess.



Kind Regards, Shane Cook.


Errm - how about the owners of Charles Schwab Europe?!!!

Marcus

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is worth a look. Their interest rates on cash aren't that great but I fear that you might find this everywhere. The cash rates on all the online brokers that I've seen are derisory and I suspect that this might be what SIPP providers believe they can benchmark themselves against. Sippdeal does meet your first criteria however, the fees are low.

- Julian

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