Direct share holdings

SIPPs, unlike their predecessors, allow you to invest directly in shares rather than buying funds. This can be very cost-effective, only a simple dealing charge need be paid - but it is only right for you if you have the knowledge and time to run your own portfolio.

 

Advantages Disadvantages
  • Low cost for UK equities
  • Self-selection & execution-only services available
  • No fund management charges
  • Requires specialist knowledge
  • Needs a large fund size to give an investment spread
  • Considered to be high risk