UK Pension question
 

Yep, another question about pensions in the UK. Hopefully this one is fairly straightforward.

I've got my retirement investments in a SIPP with a UK based company and I'm not particularly happy about the level of service or visibility - except into the fees they charge. Getting an accurate picture of investments and performance is like getting blood from a stone. Based on what I believe are forum rules I won't name names publically.

Does anyone have their investments in a company (who are still accepting US tax residents) that they'd recommend? A search through the forum comes up with a few SIPP threads but no recommendations other than YouInvest whom I'm going to contact next week.

Appreciate any thoughts anyone has.

Alan.

Re: UK Pension question
 

No responses. Surprising given the number of pension posts here.

Anyway, to try to spur some feedback here's what I found

These guys are open to SIPP transfers from people resident in the US for tax purposes:
YouInvest
European Pensions Management

And these guys aren't
Hargreaves Lansdown
Fidelity UK (different company now from the mob in the US)

Anyone have any other companies? Note I'm not asking for recommendations from a financial perspective, just those that are accepting transfers and have been good to deal with (i.e. a good online presence for status and updates)

Cheers

Re: UK Pension question
 

Earlier this year I tried to transfer my pension fund from L&G to a SIPP at Hargreaves Lansdown but they wouldn't allow it saying it would mean opening a new account not available to non residents. I do in fact have a trading account with them as well as an ISA which they will not allow me to add to.

Perhaps with the new rules it may now be possible. I'll look into it again

Re: UK Pension question
 

You will probably have issues with the normal UK retail companies. There are some companies that deal specifically with Americans investing in the UK. That might be worth investigating....I have no idea of their fees or service level

External asset managers | providing 'optimal performance' for investors | iwm.eu.com