theta wrote:Urbandreamer wrote:Regarding SIPP's, yes I have one and despite common sense do contribute to it. If I were to instead use the funds to contribute to this pension the uplift due to the fact that it is a salary sacrifice scheme would instantly produce better performance. I contribute to my SIPP because I enjoy picking risky investments and a SIPP is not a bad choice if you want to do that.
It may work out better if you make higher contributions to your workplace pension via salary sacrifice and then do a partial transfer from there to your SIPP. In many cases this transfer is free of charge and takes about a week.
That would be great. Sadly our company Aviva pension wont allow this, though we can access our PCLS from age 55.