Re: which stakeholder pension

On Fri, 30 May 2008 03:52:34 -0700 (PDT), Daytona
<junk721176@xxxxxxxxxxx> wrote:


True and true again if she's not disciplined <g> !

:-)

She wouldn't spend it on new shoes but I'd like to keep it out of
harm's way if we move house for example.




Will do - it's just that I've *heard* of HL, not so much of AT and
nowt about Sippdeal.

They're what I'd call medium size with £4bn under administration -

http://www.ajbell.co.uk/

Do you know off the top of your head which is the
biggest company of the three?

I'd guess AT the market cap. is £2.3bn, but that won't include assets
under management/administration.

http://investor.alliancetrust.co.uk/AboutUs/KeyFacts/tabid/68/Default.aspx

Any thoughts on Hargreaves Lansdown as a company?




What happens to her sipp if Sippdeal go
under - her independent funds will still be held by the parent company
(e.g. Gartmore) I guess.

Correct

(and a good question!).

<blushes>


I dealt with that here -

http://boards.fool.co.uk/Message.asp?mid=10996217

Ah, right - thanks.
So, the underlying funds are still owned by my wife and she loses
nothing. Unless money is in transit or she has just paid a lump sum to
the Sipp and it hasn't been invested yet.

I have just posted my initial post on the TMF forums. Didn't realise
you guys were regulars on there too. Don't blackball me as a
crossposter!


Well, maybe but the TPAS said a stakeholder seems a better prospect.
Maybe I rang them with that mindset. I might try another call.

I'd say that they're wrong. It's simple enough to do the sums yourself
-

http://sippdeal.co.uk/charges.aspx (for instance)

fwiw I've been using Sippdeal since just after they started and am
almost completely content. My only minor bones of contention, which
are by no means limited to Sippdeal, are cash balances that pay 1%
below base - I'd prefer 1% below LIBOR, but maybe I'm being
unrealistic, and equity dealing commission which is above 1% for
amounts in the >£2,000 to <£4,000 range and the fact that they keep
the annual renewal commission on Unit Trust/OEICS (not that I use them
- I'd avoid it by using Exchange Traded Funds ETF)). I'd say it's a
close run thing with AT and having had a PEP with AT I have a lot of
respect for them.
I *think* I understand :-)


Personally, at the moment, I feel that the odds of underperforming
risk free investments is greater than that of outperforming and so I
wouldn't invest in equities or property. I'll review when I think that
the full effect of the rise in lending rates / lack of lending are
apparent to business and the man on the street, it always takes 12-18
months for the full effects of such changes to become widely felt.

I'd go Sippdeal or AT and dump the lot in a cash fund, wait until
pessamism abounds and invest in one of the following in order of
personal preference -

Brilliant reply - thanks for taking the time.




High yield, buy and hold strategy
http://www.fool.co.uk/specials/2006/specials060208.htm

High yield, change each year
http://boards.fool.co.uk/Message.asp?mid=10414020

iShares FTSE UK Dividend Plus
http://www.trustnet.co.uk/etf/funds/?fund=34

Jupiter Income
http://www.trustnet.co.uk/ut/funds/port.asp?fund=1324

Invesco Perpetual Income
http://www.trustnet.co.uk/ut/funds/?fund=477

Invesco Perpetual High Income
http://www.trustnet.co.uk/ut/funds/?fund=476

Barclays Global Investors (BGI) iShares FTSE 100 Exchange Traded Fund
(ETF)
http://www.trustnet.com/etf/funds/?fund=288

Fantastic.
I'll have a look throught these this evening. I'm supposed to be
painting the kitchen....
On the face of it though, there's a lot of high income funds there. I
thought the idea was to build up funds regardless of their
income/growth flavour and then buy an annuity at the end, with maybe
25% lump sum?
If so why recommend High Income funds - I thought they were moreso
vehicles for providing income for people that want to skim and live
off their investments. If you're buying an annuity you's surely just
want the best performing funds regardless of their growth or income
style.



For the fundamentals of investing, see -

What Has Worked In Investing -
http://www.tweedy.com/library_docs/papers/what_has_worked_all.pdf

and for glorious simplicity, see -

The High Dividend Yield Return Advantage: An Examination of Empirical
Data Associating Investment in High Dividend Yield Securities with
Attractive Returns Over Long Measurement Periods -
http://www.tweedy.com/library_docs/papers/highdivresearch.pdf

from the long running and respected value investors Tweedy Browne (one
of about 5 people/organisations that offers insight imo).

hth

HTH??
It certainly does - thanks again.

--

blackbat /\x/\
.

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