u/Any_Food_6877

Naive to pensions at the time, I was suckered in and made two transfers to a St James Place pension - one in 2023 and the other last year. I’ve since learned a lot more about pensions and woken up the the fact that, while the service and advice from SJP is great, their fees are very high and will eat my returns big time.

Trying to decide whether to just bite the bullet and transfer all funds now, anyone got experience/opinions?

The first tranche of funds will have an early withdrawal fee of 2% I think and the second tranche will have no EWF as the rules changed around this last year.

I can’t see the SJP Polaris 4 in which I am invested as having done any better than other options and in fact was worse than just chucking it all into VWRP 🤷🏻‍♂️

I feel like the fees were never made particularly clear to me, and the advisor who set me up left about 6 months after I set things up - is it worth complaining about this? They never have me a clear comparison of exactly my fees with my existing provider vs them.

Abruptly stopped without warning - not a network system issue but Hannah said she had to stop?!

Hope she’s ok and it’s not a medical issue or someone in the class?

Anyone know?

Wife runs her own business and has recently converted from Partnership to LTD company. She needs to set up a pension that she’ll likely only do small deposits to each month and then one large lump sum during her peak trading quarter.

Can anyone recommend an easy to deal with SIPP provider with low fees that would accept a transfer in of her Aviva pension with around £25k in it?

She’s 41 with no plans to retire for then next 20 years; Looking to do maybe £300/m gross then a £3k lump sum at year end.