Wealthsimple has launched a self-invested personal pension (SIPP) in the UK. The investment management company said the digital service would bring people's pensions together alongside other investment accounts, while also offering guidance from a human adviser at no extra charge. Not requiring any paperwork, Wealthsimple said the service will charge 0.5% for portfolios below £100,000 ($131,000) and 0.7% for those above the same amount. People wanting to invest their future savings in socially responsible companies can also choose to do so.
Wealthsimple has launched a self-invested personal pension (SIPP) in the UK. The investment management company said the digital service would bring people's pensions together alongside other investment accounts, while also offering guidance from a human adviser at no extra charge. Not requiring any paperwork, Wealthsimple said the service will charge 0.7% for portfolios below £100,000 ($131,000) and 0.5% for those above the same amount. People wanting to invest their future savings in socially responsible companies can also choose to do so.