What should I invest £40k of my SIPP in?

[Fudgeball123]

I've got an additional £40k to put into my Self Invested Personal Pension.

What do people suggest as funds / shares please?

I have other savings so already have the 6 months savings etc. so only looking for investment ideas. Thanks in advance.

Personally I'd look at investing in future -proofing your house in anyway before investing in SIPPs. Solar to heat hot water, battery storage, extra insulation that kind of thing. We're looking at grey water storage (central SE no rain!) as the next big thing. Certainly our solar paid better dividends than putting it in a pension (paid off investment after 10 years and a further 15 years of feed in tariff + minimal electricity bill all summer (this year is highest amount of sunshine) has been fabulous. It'll add to the resale value of your property too.

Doh pressed enter not return
I'd invest in energy companies - think they'd possibly be cheap at the moment as people will imagine a government raid on profits, but frankly they can charge the full cap and make masses - no need to be competitive and they make a lot of cash elsewhere, and they'd be good in the long term

Ariela thanks we already have PV panels and solar heating etc.

What are you using as your core fund? I like the Vanguard Lifestrategy range but some don't like those as overly UK weighted. There are various global equity funds, FTsE Global All Cap or something tracking MSCI World are quite popular.

Be careful putting that amount in a SIPP. You are exceeding your pension annual allowance, which is £40k for all money going in to pensions combined, including tax relief claimed and employer contribution. Even more complex if in a Defined Benefit pension.
Be aware of the rules around Carry Forward in particular how you fill unused pension allowance from 3 years ago, then 2 years ago, then last year. Also your earned income this tax year must cover ALL contributions being made and the tax relief.

Do you already have other money in a SIPP or another pension arrangement?
What platform are you using?
Interactive Investors are very good above a certain threshold of assets but for smaller amounts something like AJ Bell might work out cheaper.

I'd drip feed regular investments every month (which is free with Interactive Investors), so I'd invest these £40k over 6 to 12 months (which means keeping the rest as cash in your sipp).

I'd keep it simple and allocate 70 to 80% to cheap, low cost trackers - ETFs tracking the S&P charge as little as 0.03% per annum or something like that.
And maybe 20 - 30% to some more expensive active management funds, something like Terry Smith's Fundsmith, for example.

Probably have between 2 and 5, between low cost trackers and active funds - I doubt you need more than that.

If you are not familiar with the concepts, look into ETFs, passive vs active investing, the effect of fees on your net returns, etc.

OP might have ethics in mind. Seems a bit unethical to be profiting out of others' misery really.....

Invest it ethically. Renewable energy companies, EV charging, local authority green bonds, etc ...

How far are you from retirement?