Wealthsimple launches digital pension offering in UK

Fees from 0.5% to 0.7%

Sophie King
clock • 1 min read

Wealthsimple has launched what it has claimed to be the only digital pension in the UK to provide unlimited access to investment advice from a human adviser, with no additional cost to the client.

The Wealthsimple Pension is a self-invested personal pension (SIPP), which the global online investment service said would provide "an easy and affordable way for people to save for the future" by bringing their pension pots together in one place alongside other investment accounts. According to Wealthsimple, customers would benefit from globally-diversified, low-fee portfolios, with no minimum account size, as well as a globally diversified portfolio, low fees and "unlimited access to human advisers". The service will charge 0.7% for portfolios under £100,000 and 0.5% for portfolios ...

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