Hargreaves' McPhail in SIPP battle

The idea for the contest arose following McPhail’s comment that SIPPs were now the most efficient form of pension plan, even for people with small capital sums. However, Gilchrist (who like McPhail uses a SIPP to manage his own pension fund) argues that to gain real advantages from the SIPP, investors must keep the costs down. For the contest, each has created a £30,000 SIPP Portfolio for someone with over 20 years to go until retirement. McPhail’s Actively Managed SIPP Portfolio consists of 14 funds chosen from Hargreaves Lansdown’s Wealth 150 list, including funds managed by Artemis...