Transferring money from my SIPP to my cash a/c

[meldge]

Hi all

I have £100k or so in preserved pensions (i am 42) which I can't legally get my hands on and I wondering if there was a way I could transfer my benefits into a SIPP and trade with it also having a normal brokerage a/c.

One a/c would be long (normal a/c) the other short (SIPP a/c). I was thinking along the lines of doing carry trades and some form of retrieval if I was stopped out - the idea being that the worst case would be moving money from my cash a/c into my SIPP if I blow up!

Any ideas and suggestions for brokers/platforms or other methods for doing this would be much appreciated.

PS: IB wont let me go short on my SIPP otherwise I would consider using them

Many thanks

 

[scole1953]

Hi all

I have £100k or so in preserved pensions (i am 42) which I can't legally get my hands on and I wondering if there was a way I could transfer my benefits into a SIPP and trade with it also having a normal brokerage a/c.

One a/c would be long (normal a/c) the other short (SIPP a/c). I was thinking along the lines of doing carry trades and some form of retrieval if I was stopped out - the idea being that the worst case would be moving money from my cash a/c into my SIPP if I blow up!

Any ideas and suggestions for brokers/platforms or other methods for doing this would be much appreciated.

PS: IB wont let me go short on my SIPP otherwise I would consider using them

Many thanks

I trade my SIPP account in FOREX and Commodities.

If I want to stocks etc are also inclided. Its available on MT4 also.

If you wnat details of how etc, let me know and I pass on the information. It's all quite easy but you have to know the sipp providers and brokers who are geraed up for it.

I have some details on my web site page all about sipp trading.

Steve