You are quite correct. It is possible to ask for your extra contribution to be treated as such though, and it can make quite a difference, but I agree - not for everyone.
Type: Posts; User: RustyBin5
You are quite correct. It is possible to ask for your extra contribution to be treated as such though, and it can make quite a difference, but I agree - not for everyone.
You still get tax relief on the contribution to the sipp, however you would be making the payment from your nett pay. One of the benefits of the company scheme payment is that it’s taken from your...
Well you could try shaving a bit off the mortgage rate first - shop around - should be able to get it closer to sub2% unless you are tied into a deal with penalties of course.
Rule of thumb is if the interest you would save on the mortgage is more than the interest/growth you would get on your capital, then you are better off paying off the debt. Provided of course you...
AJB accept inspecie but vanguard sipp may not facilitate it from their end.
Time out of market is important but charges arguably more so. Inspecie means you don’t have to have purchasing costs repeated needlessly.
Most sipp providers will allow an in-specie transfer which means the assets are moved across intact without having to sell and rebuy them.