T212 SIPP anyone?
Discussion
It has certainly taken a while. According to this article, T212 originally planned to launch its SIPP in early 2021: https://www.ft.com/content/2c3f5752-0c9a-409d-a65c...
No mention of SIPPs yet on T212's homepage, but a new SIPP category has already been added to the Help Centre.
No mention of SIPPs yet on T212's homepage, but a new SIPP category has already been added to the Help Centre.
I was a big fan of T212, but fell out with them early this year when they tried to force me into an app only method of trading.
I'm afraid that attempting to trade whilst holding a chocolate bar and peering through a letter box is not for me!
All my self-trade stuff is now with Interactive Investor, who seamlessly transfered my T212 S&S ISA.
I'm afraid that attempting to trade whilst holding a chocolate bar and peering through a letter box is not for me!
All my self-trade stuff is now with Interactive Investor, who seamlessly transfered my T212 S&S ISA.
T212 is quick and dirty but is OK if you are aware of that.
They don't have the market access that some of the bigger boys have, which can make them a bit crap at things like fast buys and sells or 24hr trading.
They are also at the mercy of their 'intermediaries' so can be unable to let you buy some stocks for no apparent reason for indefinite periods of time (see Fatpipe for an example).
Not sure why they didn't like your browser but I have to do a video every 2 weeks or so to get them to 'trust' mine.
Also use the app but prefer the full desktop view on my laptop.
SIPP could be interesting but it's all about the charges and Fx rates if you're going outside UK markets.
I'll certainly be looking into setting one up when they are fully online with it.
They don't have the market access that some of the bigger boys have, which can make them a bit crap at things like fast buys and sells or 24hr trading.
They are also at the mercy of their 'intermediaries' so can be unable to let you buy some stocks for no apparent reason for indefinite periods of time (see Fatpipe for an example).
Not sure why they didn't like your browser but I have to do a video every 2 weeks or so to get them to 'trust' mine.
Also use the app but prefer the full desktop view on my laptop.
SIPP could be interesting but it's all about the charges and Fx rates if you're going outside UK markets.
I'll certainly be looking into setting one up when they are fully online with it.
It's standard ID software for financial accounts - same as your bank would require.
Easy to get a plug in USB camera for the laptop.
Has to be done on the computer that you want them to trust as they then place a piece of code on it to allow access.
I'm quite happy that they do this, as I play with sufficient amounts of money that it would upset me quite a lot to get it stolen by a hacker.
2FA activated as well.
Easy to get a plug in USB camera for the laptop.
Has to be done on the computer that you want them to trust as they then place a piece of code on it to allow access.
I'm quite happy that they do this, as I play with sufficient amounts of money that it would upset me quite a lot to get it stolen by a hacker.
2FA activated as well.
Same as above, I received the notice to activate.
Chucked £25 in to get going.
Has anyone read the T+C s about pension transfers in?, I ve a pension abroad that cannot be moved for two years but when the time comes I d be open to putting in here to have a little more control over it.
Edit to add - the fund charge of 0.15% while low, I checked against the charge of the fund that I can select through my employer which is 0.02%. Will delve further to see what else is available.
Chucked £25 in to get going.
Has anyone read the T+C s about pension transfers in?, I ve a pension abroad that cannot be moved for two years but when the time comes I d be open to putting in here to have a little more control over it.
Edit to add - the fund charge of 0.15% while low, I checked against the charge of the fund that I can select through my employer which is 0.02%. Will delve further to see what else is available.
Edited by Matt p on Thursday 11th June 09:44
Matt p said:
Same as above, I received the notice to activate.
Chucked £25 in to get going.
Has anyone read the T+C s about pension transfers in?, I ve a pension abroad that cannot be moved for two years but when the time comes I d be open to putting in here to have a little more control over it.
Edit to add - the fund charge of 0.15% while low, I checked against the charge of the fund that I can select through my employer which is 0.02%. Will delve further to see what else is available.
But is it the same fund? The one that costs 0.15% more only has to perform 0.14% better than the 0.02% one and you're ahead...Chucked £25 in to get going.
Has anyone read the T+C s about pension transfers in?, I ve a pension abroad that cannot be moved for two years but when the time comes I d be open to putting in here to have a little more control over it.
Edit to add - the fund charge of 0.15% while low, I checked against the charge of the fund that I can select through my employer which is 0.02%. Will delve further to see what else is available.
How much is 0.13% of £25 anyway?!
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