Have a very modest SIPP, am now in retirement (just over 70) with a small amount of self-employment income. Given the historic high rates, I've de-risked 40%-ish of it with an annuity purchase (joint life, RPI linked coz otherwise it isn't de-risking....)
So, with what's left, given that pension pots will be coming into IHT, and that Fidelity take 0.35%, am I insane to consider annual withdrawals keeping me in the 20% tax band - and under 20K - and managing those funds on Trading212 rather than the Fidelity platform
0.35% compounded over 10 years and all that. (Edit: that being the annual Fidelity platform charge)
Note that I'm obvs happy to take the investment and cognitive ability risks here, which are the same either way :-)
If general availability of Trading212's SIPP and their accepting funds already in drawdown ever happens, then obvs that's the way to go.