Not me, if it’s anything like the bank it would take you three weeks to receive your food
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Who does everyone keep their investments with?
If multiple platforms please say with and what you use them for.
I use:
Hargreaves Lansdown for my Stocks & Shares ISA & General Investment Account
Wealth management is part of private banking, so reasonably suitable.
I’ve my SIPP with AJ Bell and ISA with T212.
Can’t believe that I’ve been with AJ Bell almost from when it started over 25 years ago (it was called sippdeal then, though still part of AJ Bell).
You might want to check out their performance Vs the Vanguard options: Compare fund performance | Nest Pensions
You can transfer it and let your employer continue to pay into the nest account. My work one is in Standard Life but I transfer it out to AJ Bell every couple of years.
Bulk of my investments are with an HSBC InvestDirect ISA which, despite the ancient interface, is a very cheap place to hold ETF portfolios that you only re-balance maybe once per year (£10.50 per quarter, regardless of the amount invested). This is to satisfy the minimum Relationship Balance required for their Premier account.
Also have ISA and GIA with Trading 212 to avoid putting all my eggs in one basket.
I have an account with Hargreaves Lansdown but have nothing invested at the present time.
It’s a shame it’s not for funds too. Would be a good option with their own All World due to its lower fees, though probably still worth itif you have enough for Premier as it’s basically a £42/yr fee for it.
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You can’t do partials out you’d have to completely unenroll etc and miss contributions in the meantime. You can’t even pick more than one fund.
I just waited till I changed jobs to transfer Nest out.
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I can’t do a partial either, but what I do is put in the transfer to AJ Bell (which Standard Life can’t action until it’s no longer a work pension), along with an application to open a new work pension (and explain things in the email). Twice so far and no problems.
PS You don’t miss any contributions, but I pop it in just after the Christmas pay to give them more time to process it.
The thing is if you apply to transfer whilst being a contributor to the scheme Nest will outright reject it even for the whole amount. Anyway - there may be a workaround but thankfully no longer a me problem!
Nest also use a lifetime account style system. If you transfer out you lose access to the account but when if sign up with a new employer using them the money starts going back into the same place.
It is doable, but employer initially said ‘you can’t have two work pensions’ and I had to explain that as soon as they put the application in for the ‘second’ the first would become a personal pension. At that point, you just do the transfer quoting the account number of the first one.
In fact, due to a bit of messing around, the first one was sitting there for several months before the transfer went through.
I think Standard Life might be better set up to accommodate this than Nest. It’s about as flexible as a rock.
Sounds like it would be much harder to arrange with nest 
On the bright side, at least it’s not with the People’s Pension crew. Apparently very popular with employers despite being declared the worst pension scheme on just about all criteria a few years back.
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Guess what - my scheme prior to Nest was TPP. Smaller employers often offer worse schemes sadly.
I’m now with Aegon Scottish Equitable and despite the IT leaving a lot to be desired, the offering itself is streets ahead.
The last government were intending to do a consultation on having employers pay into a pension of your choice. Would have been fantastic, but probably scuppered now.
Isn’t that bit of a headache for payroll/finance teams? Especially if you have a large workforce ?
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With the right changes to payroll software and self-service portals it should be possible without too much difficulty. Even if checks are required by the payroll team, how many people change pension arrangements that frequently? For most employees it would be set up when they joined the payroll, amd never changed while they were in role.
I’ve just accepted a permanent role for my last few years of work and the biggest annoyance is having to have a new pension fund not of my choosing.
Shouldn’t be difficult, even for frequent changes. Our place let’s you have your pay paid into multiple accounts, so pensions wouldn’t be much different in principle.
It would get around the business of some employers just offering the cheapest, even when it might be a rubbish pension.
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