The FTSE

  • Thread starter Thread starter worsleyweb
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Up 8.5% since beginning of May, which sounds good, however only 4.6% since beginning of November so a significant percentage of the last 12 weeks has been loss recovery.
 
Cheers. My draw down pension pot is a similar value and seems to have recovered to the pre-tariff value. It's slightly harder to calculate as I'm already taking money out every month.
 
flook said:
Up 8.5% since beginning of May, which sounds good, however only 4.6% since beginning of November so a significant percentage of the last 12 weeks has been loss recovery.
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Assuming you have a significant percentage in US equity, what we've seen since Trump appeared was a combined fall in equities and the value of the US dollar against the GBP. We have then had a rise in the US equities, but still a worsening exchange rate (you were effectively getting more for your money if you were still contributing). The dollar has strengthened slightly over the last 2 weeks causing pension pots to improve (up around 2.5% but still nowhere near where it was before trump took office).

Both of these factors have been playing off against one another. If the USD gets back up to where it was and the Dow and Nasdaq hold steady, just on currency movement you will see an increase of over 9%.
 
Kompany Car said:
Assuming you have a significant percentage in US equity, what we've seen since Trump appeared was a combined fall in equities and the value of the US dollar against the GBP. We have then had a rise in the US equities, but still a worsening exchange rate (you were effectively getting more for your money if you were still contributing). The dollar has strengthened slightly over the last 2 weeks causing pension pots to improve (up around 2.5% but still nowhere near where it was before trump took office).

Both of these factors have been playing off against one another. If the USD gets back up to where it was and the Dow and Nasdaq hold steady, just on currency movement you will see an increase of over 9%.
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That explains a lot to me, thanks
One of my long term funds that is invested mainly in US equities and that I intend to keep invested until I'm 73/74, is still, in percentage terms, down after the collapse earlier this year, despite the Nasdaq and S&P recovery and reaching record highs

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For those of you using services such as Fidelity and Hargreaves Lansdown for S&S ISA, what would you consider a reasonable fee? Just had my annual summary and mine is 0.93%, which sounds ok but I really don't have anything to compare it with
 
flook said:
For those of you using services such as Fidelity and Hargreaves Lansdown for S&S ISA, what would you consider a reasonable fee? Just had my annual summary and mine is 0.93%, which sounds ok but I really don't have anything to compare it with
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Sounds a little expensive, but it largely depends on the funds you are holding. Passive funds will generally be pretty cheap - maybe around 0.2%; active funds will be more expensive and vary considerably. Platform fees typically will reduce depending on overall holdings - maybe start 0.35% and reduce from there.
Obviously add on more if there is any element of advice - varies on the level being given.
 
GornikDaze said:
Sounds a little expensive, but it largely depends on the funds you are holding. Passive funds will generally be pretty cheap - maybe around 0.2%; active funds will be more expensive and vary considerably. Platform fees typically will reduce depending on overall holdings - maybe start 0.35% and reduce from there.
Obviously add on more if there is any element of advice - varies on the level being given.
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DenisLawBackHeel74 said:
Around 0.4 to 0.6 depending on the fund.
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Thanks guys, having looked into this a little more I have a mix of passive and actively managed funds, with the fees around the 0.9% mark for the active and under 0.2% for the passive, all plus the platform fee of 0.35%. For the most part the passive funds are outperforming the active ones so I may have to look to change things around a little
 
flook said:
Thanks guys, having looked into this a little more I have a mix of passive and actively managed funds, with the fees around the 0.9% mark for the active and under 0.2% for the passive, all plus the platform fee of 0.35%. For the most part the passive funds are outperforming the active ones so I may have to look to change things around a little
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Almost like I knew what I was talking about! ;)
 
I have a few thousand in shares, nowhere near 20k a year or paying CGT on the dividends.

Am I still being daft having them in an GIA rather than a stocks ISA? Thanks for any advice
 
ell said:
I have a few thousand in shares, nowhere near 20k a year or paying CGT on the dividends.

Am I still being daft having them in an GIA rather than a stocks ISA? Thanks for any advice
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An isa is basically a tax free account. You are daft to not use it although the actual tax you might pay could be very small beans.

But even if its a tenner in tax owed you would have to fill in the forms and pay it where as with an isa you can put up to £20k a year in and never worry about the tax. Income or capital gains tax.

So it's generally worth it to avoid the forms as much as the tax.
 
Regarding CGT, I see the figure is £3000 profit before CGT is payable but it resets each year. Does this mean that if I don't cash in any shares in one particular year but do it the following year and there's, say, £4000 profit on shares bought 2 years ago that I'll still be liable to pay CGT on the £1000 despite not using my CGT allowance the year before?

Edit: Just seen that you can't carry the allowance forward to the following year
 
flook said:
For those of you using services such as Fidelity and Hargreaves Lansdown for S&S ISA, what would you consider a reasonable fee? Just had my annual summary and mine is 0.93%, which sounds ok but I really don't have anything to compare it with
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That does sound a bit high. My SIPP which is actively managed by an IFA has a total cost of 0.9%.
 
flook said:
For those of you using services such as Fidelity and Hargreaves Lansdown for S&S ISA, what would you consider a reasonable fee? Just had my annual summary and mine is 0.93%, which sounds ok but I really don't have anything to compare it with
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My s+s ISA is with nutmeg and they charge 0.75%
 
hampshireblue said:
That does sound a bit high. My SIPP which is actively managed by an IFA has a total cost of 0.9%.
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117 M34 said:
My s+s ISA is with nutmeg and they charge 0.75%
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looking in more detail, two of my holdings are actively managed and including the platform fee of .35% are around the 1.2% mark, the rest are not actively managed and again with the platform fee run at around 0.5-0.6% giving me the average of .93% for the portfolio as a whole. All my holdings are running at an annual return of 10% or better so while thats the case I guess I can swallow a fee of less than 1% rather than chase a modest saving.
 
My pension went up £1000 today. :-)

Choosing to spread my pension over 5 funds has really paid dividends. My FTSE linked pension fund is doing very well. I took a punt on it in April.

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