Small Steps - 21/08/2025

Very happy to see that as of yesterday Scottish Widows has completed the transfer of funds from the workplace pension I had while working under the Travis Perkins umbrella.

It's not a great deal but it does put me in a position to manage this pension myself.

I was unable to pay any monies into the Scottish Widows pension to grow that pot, but now, with those funds moved to vanguard I can.




I had set up a standing order to pay £100 regularly into this pot but as of yet, a payment has not landed 

This is a little bit annoying but it's not the end of the world.

When setting up these payments they ask for at least 8 business days so that's what I did. But it didn't work.

I'll wait until my new debit card arrives for my secondary account then I'll be using it to perform manual payments until the end of the year from September.

The plan is to inject £100 per calendar month which isn't a lot.

I could actually throw a one off payment of £400 into the pot right now which covers me to the end of the year.

But as dad as cost averaging goes, it might be better to space those payments out and work on ensuring the standing order gets set up and these payments are automated.

I began to question whether the All Cap Index Fund was an appropriate investment instrument and honestly, I'm not sure.

There is so much choice out there, even with Vanguards vanilla choice range.

The chosen fund captures a bit of everything.

If this choice only beats inflation and doesn't actually turn any significant profit the so be it.






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