Can you please give me advise on the best way to invest my stakeholder pension?

06 April 2022

Question by Ben

I get my stakeholders pension next year and would like to invest £2000 but don't know where to start where should I invest my money

Answered by Daniel Barrett

Hi Ben

It would not typically be advisable to withdraw funds from a stakeholder pension (which is very tax-efficient and has investment options inside) just to then re-invest the funds into another investment product, however, if you have surplus funds to invest and your investment time horizon is at least 5 years, investing in a Stocks & Shares ISA could be worth considering. Boring Money has a good guide to get you started on this -

I hope this helps, and best of luck with your investing journey.

Answered by

Daniel Barrett

Financial Planner

I’m a Financial Planner specialising in investments, pensions & retirement planning, and inheritance tax planning. I love working with clients to answer all their important financial questions.