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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.

  • I see no mention of dividends in the emails related to this scheme but if you poke around the internet for share info it looks like it does pay dividends: 3-6% yield

    If I took the money, I could be getting similar interest paid on it though I guess?

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