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AIBU?

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To sack my pension advisor

29 replies

Cleo5mum · 08/03/2026 09:48

I have a SIPP that was set up a few years ago on the HubWise platform. I realised that I was not getting any value for money from the pension advisor (who advised me to set this up) so told him that I no longer want to use his services. Reasons being that somehow he is not doing what I originally asked for (advice on choosing funds for workplace pension) and somehow I have ended up with this new product which pays him a decent amount for doing next to nothing

He tells me that the product on HubWise can only be kept WITH an advisor. I want to manage it myself
for a few years and save costs but apparently it’s not that easy.
Has anyone else been in that position? What should I do? I suppose I have to move it to a new platform. It’s not even that much it’s about £60k. can anyone recommend a good platform to move to with low fees. Thanks!

OP posts:
HoskinsChoice · 08/03/2026 14:33

I've never done this so I'm not sure but if you are moving to a new platform, I would guess they will sort it for you. Like most services - banks, utilities, mobile phone contracts etc - it's in the new provider's interest to help and make it easy for you. I would therefore determine where you are moving it to first and then ask them how. I'd also contact your current platform directly (rather than via your advisor) to find out if there's anything they can do.

SilverBirch4 · 08/03/2026 09:55

There are all different platforms you can pick, and most have broadly the same availability of funds.

Vanguard is a popular one at the moment and definitely has one of the lowest fee structures - I’ve not used though. I personally like JP Morgan (what was nutmeg), wasn’t impressed by Hargreves and there is also Fidelity who was ok too.

parietal · 08/03/2026 09:53

Transact and AjJ bell are alternative platforms you can look at.

sunshine244 · 08/03/2026 09:50

No idea about that platform, but if you transfer to somewhere like Hargreaves Lansdown you can choose funds with experts managing them for relatively low cost. Other cheaper platforms available but you need to know a bit more yourself