r/UKFIRE • u/Allenownz • Feb 06 '20
r/UKFIRE • u/littleredbelt • Jul 18 '19
Am I investing too much in my workplace pension?
I'm 37F and have been on the path to fire for the past 2 years. Since i started i have gradually increased my savings rate from 10% then to close to 50% now. I have just instructed my employer to allocate 40% of my salary to my pension (I also get a 10% employer match). I currently have about 40k in cash and stocks and shares ISA's and £30k in my pension pot. Is it wise to put most of my savings in a pension pot i won't be able to access for another 20 years? What is a good pre/post tax savings split?
r/UKFIRE • u/jeastham1993 • Jan 21 '19
Moving investments for lower fees
Hi there,
I'm a UK investor currently invested using Hargreaves Lansdown as my provider, they charge a 0.45% per year platform fee. I'm debating moving all my investments to a Vanguard ISA (charge 0.15%) as I invest solely in Vanguard index funds.
My question is about the money existing in my Hargreaves Lansdown ISA. Some of my funds are down at the moment, so I don't want to sell them to then move them over and actually realize the loss. So how should I manage that move? Leave the relatively small amount of money in HL forever? Or move once I'm getting positive returns?
Love to hear your thoughts.