I was planning to help my daughter open a SIPP with Vanguard tomorrow (her first pension account). And now you have created the video to show us exactly what to do. Thank you Helena.
Thank you Helena for all your wonderful information! I have invested into a Vanguard SIPP for the last two years...is there any benefit to starting another SIPP on a different platform to access different funds available and to take drawdown in one but not the other later in drawdown? Thank you 😀
Hi, not sure if you can clarify . When I go to click on Target Retirement Fund and enter details etc, it then creates a table / illustration showing how much I put in every months up to 65 years but it show that i’m putting in way more than what I’d have in return? Eg, £100 every month in 65 years would be £59k but it says value after charges etc it would be £56k or less - So I clicked on the option to do it myself, I clicked on the life strategy fund 80% (60% said the same) and when I say I’m putting in £100 a month, it shows i’d be getting around £15k back, however, when I said I was putting in a lump sum of £500 it then showed the total i put in as £1k in 65 years? And getting less than that back - Not sure if you can help or if this makes any sense 🙈 I know I may get less & capital at risk etc (hopefully I’ll get more) but I was just a bit confused. So not sure why the TRF is showing up that i’d get less back? Not sure whether to go for the one I do myself & click life strategy 80%? Is it better to do a lump sum of £500 then add £100 in every month? Etc?
