I am thinking to move my stakeholder pension to SIPP. I think it will take some time for free trade to offer that.
So any recommendation which provider is suitable?
For me key will be
- Coverage of stocks, markets
- Access to various instruments (E.g. bonds)
Given this is pension account and each trade will be decent size, any suggestions & key comparisons covering fees?
Check out the broker comparison table or interactive comarison tool at Monevator.
Freetrade isn’t on there yet - think the chaps who run the blog are waiting to try the app out themselves.
It will, although just to mention, SIPPs are on our roadmap here.
Is there a rough timeline for SIPPs? I cant wait for that to be added.
I’ve recently transferred all my previous employer pensions to a SIPP with AJ Bell and they’re proving to be a great platform that meets both your requirements and they’re very reasonable on the fees side of things too
Agreed, AJ Bell are pretty good. I have my pension with them.
It would be great though if Freetrade could team up with a proper SIPP provider and allow regular tradings count to be held inside it as trustee investment until their own SIPP is ready. Would probably need £100k minimum or something to make the SIPP fees not unviable. This would rule me out, but still it would be good.