Pension advice for a numptie please
Discussion
Ok as per title,please go gently!
I’ve asked on here previously about moving one fund into another but this time I’m asking about taking my pension.
So I’m a few months of 55. I have around 120k in an old workplace pension.
I want to take the 25% allowance and have a flexible drawdown option on the rest. Trouble is the current fund does not allow that so will need to move.
So what I need is:
Ability to drawdown if I need to (hopefully not but you never know)
Fully managed,because I am that numptie
Obviously fees are important consideration
To summarise, I want nothing to do with the investment choices but I’d like to see fund performance and if I need to take some of the pot.
What I’ve found so far is either AJ bell or Vanguard seem to be best.
Anyone have any opinions or recommendations on these or others?
Thanks
I’ve asked on here previously about moving one fund into another but this time I’m asking about taking my pension.
So I’m a few months of 55. I have around 120k in an old workplace pension.
I want to take the 25% allowance and have a flexible drawdown option on the rest. Trouble is the current fund does not allow that so will need to move.
So what I need is:
Ability to drawdown if I need to (hopefully not but you never know)
Fully managed,because I am that numptie
Obviously fees are important consideration
To summarise, I want nothing to do with the investment choices but I’d like to see fund performance and if I need to take some of the pot.
What I’ve found so far is either AJ bell or Vanguard seem to be best.
Anyone have any opinions or recommendations on these or others?
Thanks
You could try here: https://www.moneyhelper.org.uk/en/pensions-and-ret... It's kind of a Government thing.
If you want to have a phone call with them it looks like there's around a 6 week backlog. There's also a chat facility.
If you want to have a phone call with them it looks like there's around a 6 week backlog. There's also a chat facility.
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