SIPP's and tracker funds

[murkeywaters]

Just picked up on this very informative thread.

I have a frozen pension with Prudential that I want to transfer and start adding to over the next 10 years, the transfer figure comes to about £20k so nothing much in the world of pensions but hoping I can top this up and in the process, save on some tax and learn a lot more about investing in different indexes/funds.

Vanguard are my first port of call and I can see plenty of people here have experience with them, I see they have a managed SIPP with slightly higher fees and a do it yourself SIPP, the DIY route still looks to have set funds in different percentages so its a bit like a set menu rather than an individual choice of funds, does that make sense?

Any advice from other VG investors would be very welcome and hopefully I can get this £20k working better for me and learn a lot in the process..

[murkeywaters]

Just picked up on this very informative thread.

I have a frozen pension with Prudential that I want to transfer and start adding to over the next 10 years, the transfer figure comes to about £20k so nothing much in the world of pensions but hoping I can top this up and in the process, save on some tax and learn a lot more about investing in different indexes/funds.

Vanguard are my first port of call and I can see plenty of people here have experience with them, I see they have a managed SIPP with slightly higher fees and a do it yourself SIPP, the DIY route still looks to have set funds in different percentages so its a bit like a set menu rather than an individual choice of funds, does that make sense?

Any advice from other VG investors would be very welcome and hopefully I can get this £20k working better for me and learn a lot in the process..

After much deliberation and "self financial advice/due diligence" I have gone for the Vanguard S&P 500 ETF with dividends being reinvested and a very small 0.07% fee per year, I transferred an old pension and will top up on a monthly basis and hope to keep it there for about 15-17 years.

I looked at lots of other funds but came to the conclusion of - who do I think I'am to try and out smart the S&P 500, it will no doubt go up and down but hopefully time will iron out the creases.

[Ikincooper]

After much deliberation and "self financial advice/due diligence" I have gone for the Vanguard S&P 500 ETF with dividends being reinvested and a very small 0.07% fee per year, I transferred an old pension and will top up on a monthly basis and hope to keep it there for about 15-17 years.

I looked at lots of other funds but came to the conclusion of - who do I think I'am to try and out smart the S&P 500, it will no doubt go up and down but hopefully time will iron out the creases.

I’d say you’ve made a very smart choice. Now let that market do its think and ensure you uphold your side of the equation by consistently investing and not worrying about the ups and downs.

Often easier said than done


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