Having to self manage funds within an ISA

[Ginge R]

I wonder if 13 (h) or 15 (j) would cover this..

http://www.moneymarketing.co.uk/issues/4-august-20...

Ginge R said:

Here's a quick screen shot of my updated due diligence currently going out to my providers, you can't see how long it is from that, but it's close to five sides of A4. I'm quite familiar with costs and charges, especially weeding out the opaque ones. Here's an idea. You send me details of a SIPP provider you have in mind, and I'll request and publish the data side by side, with three other SIPP and four Personal Pension providers.. for objective scrutiny. How's that? I'll also input it into the research software I pay (far too much for) each month. Does that sound like a plan?

I'm not anti SIPP at all. I'm anti SIPP when it's sold to the wrong person for the wrong reasons. We all know that many SIPP providers make a margin through trading and in other ancillary areas. I am in no doubt whatsoever that the vast majority of folk who hold a SIPP would be better served by a PP. And not just for cost. But also performance and functionality. The majority probably hardly ever make meaningful and beneficial change (they know better than a gifted and well regarded manager?) and most of them hardly make changes at all.