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I could but that's another account somewhere else. I'm trying to simplify my life :)
I wonder, is it possible to take the shares but then stick them into my SIPP as shares somehow rather than take the cash and then buy shares in something else?
hippy-
I could but that's another account somewhere else. I'm trying to simplify my life :)
Fair, I transferred my SIPP to Vanguard for the same reason
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This seems like the best option. Get them into SIPP, sell and buy shares in something you see growing. Ask your SIPP provider how this can be done.
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Everything I can see online suggests you have to sell the shares and then use the proceeds to buy them back inside the SIPP wrapper. No idea why, maybe it's just so they can track contribution value unambiguously.
One question about the shares I didn't see mentioned: do they pay dividends? If you get a return that's higher than savings rates, it's worth something even if the value isn't going up.
duncs
Matt101
useless
Can open a S&S ISA with someone like Vanguard. Fees are minimal (0.15%) and it’s straightforward