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. A spokesperson for Wealthsimple, which is based in London, said: "We are delighted to be launching our first PIPP product and look forward to working with customers who want to invest their savings into an 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.