"RobertL" wrote in message
...
The SIPP is 100% safe wrt the "ownership" of the funds. It is
however not
guaranteed to give to a positive return and may return a negative
amount,
especially after management fees which can be significant for
small amounts.
Small in SIPP terms is perhaps less than 50-100K.

thank you, yes, the typically fixed annual fee means that these
things are only sensible if the fund is reasonably large. they
don't
guard against poor investment decisions either, as you point out.

Go for one without a fixed annual management fee, eg Hargreaves
Landsdown. I think others like sippdeal have reasonable charges too.

--
Andy