Add to S&S Isa or Pension for regular contributions and 10K contribution

[Skyr2]

Hi, I have a small amount in both.
If I have c.10K to invest and a small amount £200 p.m to invest? Am I best to put it into my Isa or pension.
I am a basic rate tax payer.
My employer does not match contributions they pay a fixed % which will not increase. I also already contribute to my pension.

Pension gets tax relief on contribution going in but is taxable on withdrawal and really only accessible at your retirement age... maybe age 57. You may be able to get a tax free lump sum.

ISA there is no tax relief but your growth is tax free and you can withdraw at any time.

Generally as a lower rate tax payer I would say to do pension enough to get the employer contribution, then do ISA until the ISA is at an amount you are happy with, there switch focus to pension.

There is no right or wrong answer as we do not know how future Governments might change taxation.

I would make sure your pension fund(s) are as low cost as possible and perform as best as possible. Some default workplace schemes do not perform well.

I would make sure the ISA is as low cost as possible and your fund selection is low cost and globally diverse.