crudeFool Posted June 7, 2006 Share Posted June 7, 2006 Hi I've got two pensions, one with L&G the other with Scot Eq. I've transferred all my money into cash funds at the moment, as I think rocky times are ahead in the markets. I want to move some of my pension money into both physical gold and gold shares and need to find a pension provider who has funds available to do this - anyone know of any? I could do this myself using a SIPP, but would rather take the easy option and use a provider - if non are available, I'll open a SIPP. I have around 60K in the funds at the moment. Thanks in advance, crude. Quote Link to comment Share on other sites More sharing options...
cbs7 Posted June 7, 2006 Share Posted June 7, 2006 Hi I've got two pensions, one with L&G the other with Scot Eq. I've transferred all my money into cash funds at the moment, as I think rocky times are ahead in the markets. I want to move some of my pension money into both physical gold and gold shares and need to find a pension provider who has funds available to do this - anyone know of any? I could do this myself using a SIPP, but would rather take the easy option and use a provider - if non are available, I'll open a SIPP. I have around 60K in the funds at the moment. Thanks in advance, crude. Hargreaves Lansdown have SIPPs where you can buy funds at 0% dealing costs. You could then buy into the M&G Gold General Trust fund. They also have no annual charges. Their share dealing costs are higher though, and I suppose you could open a SIPP with a different cheaper provider as well if you wanted to do individual share dealing. As for physical gold, I'm also looking for a SIPP that would allow this, but haven't found one yet. Quote Link to comment Share on other sites More sharing options...
crudeFool Posted June 7, 2006 Author Share Posted June 7, 2006 Hargreaves Lansdown have SIPPs where you can buy funds at 0% dealing costs. You could then buy into the M&G Gold General Trust fund. They also have no annual charges. Their share dealing costs are higher though, and I suppose you could open a SIPP with a different cheaper provider as well if you wanted to do individual share dealing. As for physical gold, I'm also looking for a SIPP that would allow this, but haven't found one yet. Thanks for the response - I was hoping to use a traditional personal pension to achieve this. I don't think I'll get too far... With a SIPP, for physical gold, couldn't you just buy shares in Gold Bullion Securities (GBS.L)? I thought the SIPP was pretty flexible in the share types you can invest in? Regards, crude. Quote Link to comment Share on other sites More sharing options...
cbs7 Posted June 13, 2006 Share Posted June 13, 2006 Hargreaves Lansdown have SIPPs where you can buy funds at 0% dealing costs. You could then buy into the M&G Gold General Trust fund. They also have no annual charges. Their share dealing costs are higher though, and I suppose you could open a SIPP with a different cheaper provider as well if you wanted to do individual share dealing. As for physical gold, I'm also looking for a SIPP that would allow this, but haven't found one yet. Yep you can buy any shares on a registered stock exchange, so in theory you could probably also trade US Gold tracking shares / ETFs and other international shares Quote Link to comment Share on other sites More sharing options...
Killer Bunny Posted June 13, 2006 Share Posted June 13, 2006 Thanks for the response - I was hoping to use a traditional personal pension to achieve this. I don't think I'll get too far... You could use Merchant Investors and I could possibly/probably arrange for them to bring on either ML gold or Ruffer Baker Steel's gold (the latter guys set up MLs fund!). http://www.merchant-investors.co.uk/main/index.aspx HTH fp Quote Link to comment Share on other sites More sharing options...
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