Can anyone suggest a method of sorting out a preferred SIPP provider. We have narrowed the field down to 3 but there is more to selection than mere costs. Looked at platforms and trading facilities but the final choice is difficult.
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Not enough information ...
What do you want to do in the Sipp
Shares & investments - other instrumentsCommercial Property
Without this information there is no starting point because many providers do not deal with property
If commercial property - are you aiming to morgage (max 50% of fund)
Do you want to re-cycle property rents back into shares
Holding gold
Trading FX
Costs of trading shares - de-minimus transaction charges / period charges - transferring funds between provider and any 3rd party broker
and so on ....
Impossible to answer without a lot more info.
IMHO, any insurance company run SIPP is to be avoided.
HL
Personally my wife and I have had great service from Hargreaves Lansdown (real people answer the phone and don't need to put you on hold while they speak to their supervisor!) but i don't think it's the the cheapest solution. Their portal and research materials are excellent.
Captain