Director/sefl employed pensions

[Blue One]

Hi Guys

Does anyone have a qualified view on the benefits/drawbacks of a self-managed company director pension like this one from PensionBee, versus an IFA managed SIPP with someone like AJ Bell:

https://www.pensionbee.com/pensions-explained/self...

I'm interested in a scheme that allows you flexible payments, rather than being locked into formal agreed contributions in advance. My only concern about a PensionBee type scheme is how well the portfolio is managed, and how, and also how secure these funds are with a smaller provider.

Any insights welcome

Thanks

[trickywoo]

Just do a cheap global tracker yourself via one of the popular platforms.

You can then do what you want when you want and only need to worry about the HMRC rules.

[simon800]

Blue One said:

Hi Guys

Does anyone have a qualified view on the benefits/drawbacks of a self-managed company director pension like this one from PensionBee, versus an IFA managed SIPP with someone like AJ Bell:

https://www.pensionbee.com/pensions-explained/self...

I'm interested in a scheme that allows you flexible payments, rather than being locked into formal agreed contributions in advance. My only concern about a PensionBee type scheme is how well the portfolio is managed, and how, and also how secure these funds are with a smaller provider.

Any insights welcome

Thanks

The Pension Bee plans look horrible to be honest.

Why would you need an IFA to manage a SIPP via AJ Bell - do you have any particularly complex requirements?

All you need to do is set up a SIPP via AJ Bell, and then transfer money into it from your company bank account as and when you want.

It's nothing you and a company accountant can't work out between you....