You are here: Home - Retirement - Retirement planning - News -

Wealthify launches digital pension

0
Written by:
04/03/2020
Digital investment platform Wealthify has entered the retirement savings market with the launch of a self-invested personal pension (SIPP).

Pension savers will pay an annual management fee of 0.6% plus fund charges and transaction costs.

Wealthify’s team choose the investments based on the customer’s risk level, with five different styles on offer from cautious to adventurous.

All investments can be viewed in the app or online dashboard.

Investors can open an account with just £50 and there’s no minimum monthly deposit required.

Wealthify is the latest robo-adviser to enter the SIPP market, following the likes of Wealthsimple and Nutmeg.

Michelle Pearce-Burke, co-founder of Wealthify, said: “Following the success of our ISA and general investment accounts, I’m delighted to introduce the new Wealthify Pension which we believe to be the simplest and quickest to set-up digital pension in the market.

“We always aim to answer the needs of our customers, and our pension offers them an easy way to save towards their retirement and maximise the amount of money available in retirement.”

There are 0 Comment(s)

If you wish to comment without signing in, click your cursor in the top box and tick the 'Sign in as a guest' box at the bottom.

10 million Brits have less than £100 savings

Britain is facing a savings crisis with almost one in five UK adults having less than £100 stashed away for a...
10 million Brits have less than £100 savings

Grandparents gift £1m of property wealth a day during stamp duty holiday

Grandparents have gifted nearly £1m of their own housing equity a day to younger family members during the sta...
Grandparents gift £1m of property wealth a day during stamp duty holiday

One in six adults expects to be paying mortgage off in retirement

Around one in six people expect to still be paying a mortgage over the age of 65, six years over the average a...
One in six adults expects to be paying mortgage off in retirement

Ryanair jetting towards US flights for £10

Ryanair is on course to achieve its long-held ambition of offering transatlantic flights to the US – and the...

Investing in car parks: a good vehicle for income seekers?

As the search for income continues, many investors are turning to alternatives, with car parks becoming increa...

A quick guide to guarantor loans – in association with Guarantor Loan Comparison

Considering a guarantor loan or becoming a guarantor yourself? Read our essential guide...

Results round-up: Companies to watch this week

Mulberry and more will face the music this week.

Product launches of the week

Select Property Group, Schroders, Leeds Building Society and more have exciting news this week.

Money Tips of the Week

Read previous post:
Nationwide customers can win £20,000 in new prize draw

Nationwide is offering cash ISA savers the chance to win £20,000 in its latest move to attract new customers.

Close