19
Jun
2019
A question about : Which pension for holding cash?
Which providers / products would you suggest to look at for holding cash in a pension pot?
HL SIPP is one option (no charge for holding cash), but what others are there?
It’s for a transfer in cash from a DC occupational scheme which is being wound up and he wants to keep it in cash as only 3 years until needed for an annuity.
Thanks.
Best answers:
- https://www.moneysavingexpert.com/savings/cheap-sipps
Check out list here? - The FSCS compensation limit will also be an issue - is there anyone other than HL who don't charge for holding cash?
Secondly, he could add two personal pensions which are in cash funds - is there any advantage to leaving them in separate pots? (other than the FSCS issue).
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