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Yes, if you are a UK tax resident (England, Wales, Scotland or Northern Ireland) you can use all – or part of – your annual tax-efficient savings allowance of £20,000 (current tax year) to invest in a Stocks and Shares ISA or Cash ISA with Wealthify. We don’t offer Innovative Finance ISAs or Lifetime ISAs.
The ISA limit and maximum you can save each year is £20,000. The tax year runs from the 6th of April to 5th of April the following year. Under the current rules, you can have as many ISAs of each type you want (excluding Lifetime ISAs and Junior ISAs), and you can split your annual ISA allowance between them however you like.
Nothing at all. A Stocks and Shares ISA and an Investment ISA are just different names for tax-free investments.
Yes, you can do an ISA transfer from your previous years' Investment ISAs, Innovative Finance ISAs, or Cash ISAs to another investment ISA provider at any time. Transfers don't impact your current year’s ISA allowance at all, so you can still invest this tax year’s full ISA limit as well as transfer existing ISAs over.
However, please ensure to use a transfer form. If you withdraw the money you pay in, you'll lose your tax-efficient benefits on that money. To arrange a transfer, simply create a Wealthify ISA Plan, then complete our simple ISA transfer form. We’ll arrange everything else.
If you’re an existing customer, simply head to your Dashboard and use the ‘transfer in’ button on your home screen. You can then choose whether you want to transfer your money into an existing Plan, or create a new one.
Yes, you can transfer your Wealthify Stocks and Shares ISA to either a Stocks and Shares ISA or a cash ISA with a different provider. If you want to transfer money you’ve invested in a Wealthify ISA in the current tax year, then you must transfer all of it, whereas previous years’ ISAs can be transferred in whole or in part. It’s worth checking with your new ISA provider for any restrictions or charges they may apply to transferring ISAs. Wealthify will never charge you for transferring ISAs in or out.
ISA Plans offer tax-efficient benefits compared to a Regular Investment Plan. With a Stock and Shares ISA, you won’t pay any capital gains tax or UK income tax on your returns. The other main difference with a Stocks and Shares ISA Plan is that you can only pay in up to your annual ISA allowance each year. Regular Wealthify Plans do not limit the amount you can invest, but you will pay tax on your returns.
Yes, you can withdraw funds from your ISA plan at any time, without penalty. Since both our Stocks and Shares ISA and Cash ISA are flexible, you can also withdraw and replace funds within the same tax year without affecting your annual ISA allowance.
Under current tax rules, you can contribute your annual £20,000 allowance to as many Cash ISAs and Investment ISAs as you like per tax year to take advantage of your tax-efficient savings benefits (this does not include Lifetime ISAs and Junior ISAs). These ISAs can be with the same, or different providers.
You can also create as many ISA investment plans within your Wealthify account as you like in one tax year, as long as the combined total contributions you make to these plans does not exceed annual allowance. So, if you have various goals in mind, you can create different ISA pots for each one.
You can open an ISA with Wealthify if you:
Are over 18
Are UK tax resident
Yes, if you are a UK tax resident (England, Wales, Scotland or Northern Ireland) you can use all – or part of – your annual tax-efficient savings allowance of £20,000 (current tax year) to invest in a Stocks and Shares ISA with Wealthify. We don’t offer Innovative Finance ISAs or Lifetime ISAs.
A Junior ISA is a tax-efficient way to save and invest on behalf of your child.
Payments into a Junior ISA are different from adult ISAs, because the money you put in belongs to your child. Once you put money in, you can’t take it out again, except in exceptional circumstances, and your child can only get access to their money when they turn 18.
There are two types of Junior ISA:
Your child can have one or both types of Junior ISA and you can deposit up to the annual limit of £9,000 into them in any combination you like.
For example, you could pay £3,000 into a Junior Cash ISA and up to £6,000 into a Junior Stocks and Shares ISA, or vice versa. You can split the allowance however you want to between the two accounts.
The benefit of a Junior ISA is that you or your child won’t pay tax on any interest, returns or dividends they receive.
Wealthify only offers a Junior Stocks and Shares ISA. Any money paid into a Junior ISA will belong to the child, but they cannot access it until their 18th birthday.
Junior ISAs allow your child to keep more of their money by protecting any positive returns they receive from income tax and capital gains tax.
Only a child’s parent or legal guardian can open a Junior ISA account on their behalf.
Your child can have one Junior Cash ISA and/or a Junior Stocks and Shares ISA at any time, into which you can currently contribute a maximum of £9,000 per tax year, per eligible child. You can split the amount however you choose between a Junior Cash ISA and a Junior Stocks and Shares ISA as long as the combined amount doesn’t exceed the annual limit.
You don’t need to use the same provider for your child’s Junior Cash ISA and Junior Stocks and Shares ISA, so you’ve got flexibility to choose the best option for you and your child.
At the start of each new tax year, on 6 April, the child’s annual Junior ISA allowance re-sets and you can start another year of tax-efficient saving for each child.
Your child will only be able to access the money within their Junior ISA when they turn 18.
When they turn 18, the Junior ISA is automatically changed into an adult ISA. At this point, they can choose to keep saving or investing, or they can withdraw some or all of the balance to help pay for things like university, or a new car.
The Junior ISA allowance for the 2025/26 tax year is £9,000.
A child can have one Junior Cash ISA and one Junior Stocks & Shares ISA. The annual allowance can be split between accounts any way you like, but the total payments made into both must not exceed this amount in any given tax year.
The two Junior ISAs don’t have to be with the same provider, so you can choose the best option for you and your child. Wealthify does not currently offer a Junior Cash ISA, but we may do in the future, so watch this space.
If your child already has a Child Trust Fund in their name, it would need to be transferred to us in order to open a Junior ISA with Wealthify. You can transfer a Child Trust Fund into a Wealthify Junior Stocks and Shares ISA using the official transfer process.
Yes, you can invite anyone to be a contributor. That could be your parents, siblings, cousins, friends, neighbours… the list goes on. Once they’ve accepted the invite, and passed verification, they’ll be able to add to your child’s ISA whenever they want.
The only caveat to this is that they’ll need to live in the UK and be a UK tax resident, aged over 18.
You can invite someone to pay into your Wealthify Junior ISA by using our 'Friends and Family' feature. You can find out more about this here: Junior ISA family friends.
Children don't pay tax on any returns in a Junior ISA. If you would like to find out more information on tax allowances for children, you can find out more here: Junior ISA allowance.
A Junior ISA allows you to save or invest up to £9,000 a year on behalf of your child without paying tax on any interest and/or capital gains earnt from the money within the Junior ISA.
Saving into a Junior ISA on behalf of your children does not affect your own annual ISA allowance.
Yes, but you must transfer the whole balance of your Child’s Trust Fund (CTF) as you cannot have a CTF and a Junior ISA open at the same time.
When you transfer the full balance of a Child Trust Fund over to a Junior ISA, it doesn’t count towards your child’s current Junior ISA allowance, so you can transfer the whole CTF balance without it affecting their Junior ISA allowance for that same tax year.
You can find more information on our Child Trust Fund and Junior ISA Transfer page.
Yes! By taking the steps for verification and creating separate contributor accounts, we've made sure that your Junior ISA Plans are still safe and secure.
Your contributors will only be able to see how much they’ve added, and the amount left in the Junior ISA's tax allowance for that year. They’ll also be able to see any messages they’ve sent with their contributions.
In short, a pension is a tax-efficient way of saving for your retirement. In the UK, there are lots of different types of pensions, but the three main types are workplace pension, personal pensions, and state pensions. Wealthify offers a Self-Invested Personal Pension, letting you complement any workplace pensions and benefit from a 25% top up from the government’s tax relief – which we’ll automatically add to your account!
For more information, please refer to our comprehensive guide on pensions.
Currently, there’s no limit on how much you can pay into your pension, however you won’t receive tax relief on anything over £60,000 or 100% of your salary, whichever is lower. The £60,000 limit includes all payments, including the government top up and employer contributions – so it is actually £48,000 of your contributions, plus £12,000 tax relief.
If you go over this limit you won’t receive tax relief and will have to pay an annual allowance charge which will be added to the rest of your yearly taxable income. If your income is less than £3,600 a year, you will only be able to contribute up to £2,880.
Wealthify automatically adds the 25% top up when you make a personal contribution to your pension and only if you ticked the box to state your eligibility for tax relief when you opened the SIPP. So, if you personally pay in £800, the government adds another £200, making the total £1000. However, if you’re a higher-rate taxpayer, you may be entitled to more, in which case you will need to contact HMRC to be able to access higher-rate tax relief. This will need to be submitted on your annual tax return.
When you open a SIPP with Wealthify, you must tick the box to say you are eligible for the tax top-up. We then automatically add the 25% top up to your pension when you make personal contributions. This means we do all the work for you and you don’t need to claim anything yourself. However, if you’re a higher-rate taxpayer, you’ll need to contact HMRC for tax relief at the higher rate.
You can transfer most types of pensions to Wealthify, apart from:
Please note we can only accept defined contribution plans that have no safeguarded benefits or guarantees.
You can take 25% of your pension pot tax-free - either as a lump sum or as a portion of each withdrawal - with the remaining 75% subject to income tax. Pension tax works in the same way as income tax, your custodian Embark will use the Pay As You Earn system to deduct tax and also issue a payslip which will be uploaded into your documents.
Wealthify is offering a Self-Invested Personal Pension, or SIPP, which is a pension you personally set up and contribute to. It is separate to a workplace pension or the state government-funded pension.
A personal pension is a great way to complement your workplace pensions by having more flexibility over how you contribute and invest.
That means, instead of being enlisted in whichever pension your workplace is offering, you have a greater choice of investments. Pick a level of risk that you’re comfortable with, choose whether you want ethical investments and decide how much you want to pay.
Plus, you’ll get a 25% tax-relief top up on each contribution up to a total contribution limit of £48,000 (which becomes £60,000 with the £12,000 tax relief) or 100% of your earnings, whichever is lower. That means if you add £800 to your personal pension, tax relief will take this amount up to £1000, and best of all, you don’t have to do a thing. We’ll add this tax relief to your account automatically, so you don’t have to wait for HMRC – giving you 25% more to invest.
Yes, if you are eligible to withdraw from your pension, then this is an option, but you’d need to be certain that it’s the right choice for you as once it’s withdrawn you can’t change your mind.
The first 25% of your lump sum would be tax-free, but the other 75% would be taxed as income. If you have other income for that tax year, it could push you up into the next tax bracket, so you would be taxed more.
Taking your pension as a lump sum could also affect your entitlement to means-tested state benefits and you may get a lower benefit as a result.
If you continue to pay into a pension after taking your full pension pot as a lump sum, you may incur additional tax charges if your contributions, together with any contributions from an employer or any tax relief you may receive, exceed £4,000.
We’re afraid not. Because ISAs and GIAs aren't pension products, they're subject to different tax treatment and cannot be transferred.
Wealthify does not offer an annuity, but if you have sufficient funds in your pension, you will be able to purchase an annuity plan from another provider. You can take 25% of your pension as tax-free cash and purchase an annuity with the remaining 75%
The government pensions website, Pensionwise, has some useful resources to help you understand your options at retirement https://www.pensionwise.gov.uk/en.
The option you choose will depend on your circumstances and what’s right for you. If you’re unsure about your options at retirement you should seek financial advice.
If you die before 75 anything remaining in your drawdown fund is passed on to your beneficiary as a tax-free lump sum, or they can continue to receive the income tax-free through drawdown. These payments must begin to be made within two years, or they become taxable at the beneficiary's highest rate. If you die aged 75 or above anything passed on or remaining in your drawdown fund will be taxed at the beneficiary's highest tax rate if taken as an income or lump sum.
We’re sorry but we’re unable to support carry forward at this time (Some providers allow you to “carry forward” any annual allowance which has not been used during the three previous tax years).
Yes, you can! A personal pension is great for sole-traders, freelancers, contractors, seasonal staff, directors in limited companies and more. Thanks to the flexibility of contributions, you can add to it when it suits you and change or pause your payments at any time using our app or online dashboard.
Did we mention that you could also benefit from an additional 25% top up thanks to tax relief? That means that every £800 you add is worth £1000. You can benefit from this up to £48,000 (which becomes £60,000 with £12,000 tax relief) or 100% of your earnings, whichever is lower.
Take control of your future finances by starting a Self-Invested Personal Pension today.
Not all personal pensions are the same, so we’ve created this useful guide to give you information on:
This guide doesn't offer personal advice, speak to a financial adviser if you're unsure about whether investing is right for you.
You can access your pension when you turn 55 (rising to 57 in 2028). Subject to current pension rules, you'll be able to withdraw 25% of the total amount tax-free, with the rest being taxed based on your individual circumstances. However, you don’t have to take any of your pension if you don’t want to. If you’re still working, for example, you can leave the money in your pension – and continue to contribute – until you retire.
The way you take your money out of your pension (a process known as moving your pension into drawdown), will vary depending on the type of pension you have.
If you have a defined benefit pension, you will receive a specific income for life, which should increase every year. If you have a defined contribution scheme, then you’ll be able to choose how you want to withdraw your funds using one of the following methods:
You can access your pension when you turn 55 (rising to 57 in 2028).
You can normally take 25% of your pension out tax-free and the rest will be taxed at your marginal rate of income tax. You have the flexibility to choose how much you take and how often you dip into your pension pot.
Wealthify offers lump sum withdrawal or Flexi-Access Drawdown, which could be multiple combinations of Pension Commencement Lump Sums (PCLS) (being the tax-free portion of your pension) and income payments. There’s also the option of a small pot withdrawal for Pension Plans with a value of less than £10,000.
If you choose to take a small pot lump sum payment, this will be a one-off payment that results in the closure of your Wealthify Pension Plan. Taking pension income, either as part of a lump sum withdrawal or an income payment under Flexi-Access drawdown, will trigger your Money Purchase Annual Allowance (MPAA).
Please note that you can take a different retirement option at any time (with Wealthify or another provider), using the remaining money in your pension pot. Wealthify does not offer an annuity; if you want this option, you’ll need to take it with another provider.
The government pensions website, Pension Wise, a free, impartial guidance service from MoneyHelper and backed by government, has some useful resources to help you understand your options at retirement.
The option you choose will depend on your circumstances and what’s right for you. If you’re unsure about your options at retirement you should seek financial advice.
The Wealthify Cash ISA (Individual Savings Account) is a flexible, easy access, tax-efficient savings account that lets you save up to £20,000 each tax year.
The minimum amount you can deposit is £1, with the maximum currently being £20,000 each tax year (this is your annual ISA allowance, which is subject to change).
No, you don’t. The Wealthify Cash ISA is a tax-efficient way to save money because, as with all Cash ISAs, you don’t have to pay any capital gains or income tax on the interest you earn.
AER (Annual Equivalent Rate) calculates how much interest you earn over a year, taking compound interest (the interest you earn on interest) into account. AER is displayed on all UK savings accounts, and is a good way to compare rates.
Tax Free: The tax-free rate is the rate of interest payable where interest is exempt from income tax.
Wealthify’s Cash ISA is also a ‘flexible’ ISA, which means that during the tax year, you can withdraw your money and pay it back in, without it affecting your £20,000 annual ISA allowance.
Even though they’re both savings accounts, there are two main differences between our Cash ISA and Instant Access Savings Account.
Firstly, our Instant Access Savings Account lets you save as much as you want; with our Cash ISA,
Secondly, you don’t have to pay any tax on the interest you get with our Cash ISA; with our Instant Access Savings Account, however, the interest generated on your money is classed accordingly as taxable income.
The Wealthify Cash ISA is available to both new and existing Wealthify customers. In order to open one, you need to:
You can’t share an ISA or set one up on behalf of another adult, unless you hold Lasting Power of Attorney.
You can only open one Wealthify Cash ISA during each tax year.
Yes, you can. Because they’re two different types of ISAs, you’re also allowed to pay into a Cash ISA and Stocks and Shares ISA in the same tax year. In fact, having both could be a good way to prepare for your short-term goals and financial future.
However, you’ll need to make sure your total contributions across both accounts don’t exceed your annual ISA allowance of £20,000.
AER (Annual Equivalent Rate) calculates how much interest you earn over a year, taking compounding (the interest you earn on interest) into account. AER is displayed on all UK savings accounts, and is a good way to compare rates.
Gross interest doesn't include compounding, and refers to the amount of interest paid to you without the deduction of UK income tax.
Interest is calculated daily based on the cleared funds in your account (as determined by ClearBank). Interest will then be paid monthly into the savings account on a gross basis as we do not withhold any tax on interest payments, meaning it's up to you to declare your interest income on your tax return. Clearbank will directly pay the interest accumulated in the calendar month to you within 3 working days of the month's end.
In order to open a Savings Account with Wealthify, you must fit all of the following criteria:
Please note, Wealthify does not offer joint accounts at this time.
Interest generated on your savings account is classed as taxable income. Depending on your personal circumstances, this may mean you need to fill out a self assessment of the interest your savings generates. For more information and to find out if it applies to you, click this link to the HMRC website.
Anyone over the age of 18 living in England, Scotland, Wales or Northern Ireland can open any account with Wealthify. Residents of the Channel Islands can open a General Investment Account. Unfortunately, we are not able to accept U.S. Citizens due to the U.S. Government’s tax reporting rules. This includes anyone holding a U.S. passport or anyone who has an obligation to pay tax to the U.S. tax authorities.
You can only open a Stocks and Shares ISA if you’re a UK tax resident over the age of 18. If you are transferring an existing ISA opened in the same tax year, you will need to transfer the full amount to Wealthify.
For our pension, you’ll need to be over 18 and under 75 to open an account.
Unfortunately, we are not able to accept U.S. Citizens due to the U.S. Government’s tax reporting rules. This includes anyone holding a U.S. passport or anyone who has an obligation to pay tax to the U.S. tax authorities.
There’s no maximum account size, but, for some of our investment products, there is an annual limit.
For example, ISA Plans have an annual investment limit across all ISA types, which is currently £20,000. If you have a Cash ISA and Stocks and Shares ISA, you can split the limit across two, for example, £10,000 in your Cash ISA and £10,000 in the Stocks and Shares ISA. That said, there’s no limit on the amount you can transfer from both Cash and Stocks and Shares ISAs from previous tax years.
Junior ISAs also have an annual tax year limit which is lower than an adult ISA. Currently, the government has set it at £9,000.
Our Pension doesn’t necessarily have a limit, but you won’t receive tax relief if you exceed £60,000 or 100% of your salary in a tax year.
But, with our Instant Access Savings Account and General Investment Account, there are no restrictions on the amount that you can contribute each year.
This isn’t something anyone wants to think about, but if it does happen, we’ll freeze your assets upon receiving the proof of death certificate. This means that your investments would remain static, although if you owe fees, we may sell your assets to pay for this. We would then wait for instructions from your legally appointed executors on what to do with any remaining funds.
This process is slightly different with pensions, as it will depend on what age you are when you die and whether you’ve accessed your pension. The main difference happens if you die before 75, in which case your pension passes - tax-free - to your beneficiary.
We will email you regular reports securely to your Wealthify account. You can expect to receive:
You can also view how your Plans are performing online, 24/7 via your Wealthify Dashboard.
Yes, you can – in our Junior ISAs which won best in class in the 2023/24 Personal Finance Awards
Junior ISAs are a great way for parents or guardians to put aside money for when the child turns 18 in a tax-efficient way. You can find out more about this product in the Junior ISA section of these FAQs.
Yes, you can withdraw money from your Wealthify Flexible Stocks and Shares ISA in the same way as a General Investment Account. Since it’s a flexible ISA, you have the added benefit of being able to withdraw and redeposit funds within the same tax year, without impacting your annual ISA allowance.
This flexibility sets Wealthify’s ISAs apart from standard, non-flexible ISAs. With a standard ISA, if you had already invested the full £20,000 annual limit then withdrew £1,000, you wouldn’t be able to add any more funds until the next tax year because your allowance would be used up. Flexible ISAs eliminate this restriction, giving you greater control over your money.
For Junior ISAs and Self-Invested Personal Pensions, you can only withdraw once they have reached maturity, this is when the child turns 18, or the pension holder turns 55 respectively.
Once we have been notified by your next of kin, we will freeze your account to prevent any further payments and withdrawals. Before we are able to begin selling down the funds, we will require some additional documentation, which will be specific for the product(s) you hold in your account. If you owe fees, we may sell your assets to pay for this.
Please note there are no fees associated with any Wealthify Instant Access Savings Account or Cash ISA.
The process is slightly different with pensions, as it will depend on what age you are when you pass away and whether you have accessed your pension. The main difference is if you pass away before 75, in which case your pension passes - tax-free - to your beneficiary.
If you pass away before the age of 75 the Pension Plan will be paid out tax free to the beneficiary/ies. This would be either as a lump sum or as a beneficiary pension. There are two years from the notification of death to make the death benefit payment to the beneficiary/ies, otherwise the payments to the beneficiary/ies will be taxed.
Please note if the non-taxable benefit payment is made into a beneficiary Pension within the 2 years, then it will not be subject to tax for the remainder of the time it is in the beneficiary pension plan.
If you pass away after the age of 75 the Pension Plan will be paid at the beneficiary/ies tax rate, this would be with either a lump sum payment or when taking income from a beneficiary pension.
The cashback will form part of the current tax year’s ISA allowance if it’s deposited into a qualifying Stocks & Shares ISA. If the maximum allowance under ISA rules has been reached, we will pay it directly into the bank account that you have registered with us. We may request evidence of the maximum allowance being reached, if ISAs are held with other ISA managers before a bank payment is made.
The cashback will form part of the current year’s Junior ISA savings limit if it’s deposited into a qualifying Junior ISA and will form part of the child’s investment. If the maximum savings limit under ISA rules has been reached, the cashback will be paid into the Junior ISA plan in the following tax year.
Any cashback that would take you over your Stocks & Shares ISA allowance will be paid directly into the bank account you’ve registered with us. We may request evidence of the maximum ISA allowance being reached if ISAs are held with other ISA managers before a bank payment is made.
Any cashback that would take a Junior ISA over the Junior ISA savings limit in the current tax year will be paid into the Junior ISA plan in the following tax year.
The type of identification we ask for will depend on what details we need to confirm. We will ask you to send one or more items from LIST A if we need proof of address identification, and one or more forms of ID from LIST B if we need proof of identity. Both lists are below.
Please note:
A certified copy is a photocopy or scan of your original ID, signed by a responsible third party to certify that it is a true copy. There’s a list of suitable certifiers below.
N.B. Your proof of address MUST CLEARLY show your full address to be accepted. PO Boxes WILL NOT be accepted.
DO NOT send originals of the documents in this list as we CANNOT guarantee to return them, and we DO NOT accept responsibility for loss of original documents sent to us.
Please send certified copies only i.e. a photocopy or scan of your original ID, signed by a responsible third party to certify that it is a true copy. A list of suitable certifiers can be found below.
The person who certifies the copy of your original identification must hold a position of responsibility, such as those described in the list below.
The person certifying your documents must also:
If available, they should stamp the copy with an official company stamp.
We need to know your nationality as part of our regulatory requirements. If you’re a UK national, this is covered with your National Insurance Number; for non-UK nationals or those with dual-nationality, we’ll need your National Client Identifier.
Please note: US citizens or those paying tax to the US are not able to invest or save with Wealthify.
We issue a yearly tax statement to customers who hold investments within a general investment account (GIA) or in other words a 'non-ISA' account.
If you hold a GIA, you'll receive a Consolidated Tax Certificate (CTC), which includes details of any dividends and income for the period.
As dividend, income or capital gains are not reportable on ISAs, you will not receive a report if you hold an ISA plan.
Each time we buy and sell investments on your behalf, it results in a capital gain or loss. Your account will contain all transaction information, which can then be used to calculate this figure, since we may still trade on your behalf during periodic rebalancing of customers’ Plans. If you need to declare capital gains on your self-assessment tax return, you’ll need to combine this figure with any other capital gains or losses made from other investments you hold. If you're subject to UK tax in the usual way, you have a capital gains total allowance of £6,000 in the financial year 2023/24, and will only need to report total gains in excess of this.
Receiving a CTC does not mean that you have to complete a tax return — we are required to send this information to customers who held any investments outside an ISA for any time during the period.
If you’re unsure if you have to complete a tax return, visit www.gov.uk/self-assessment-tax-returns/who-must-send-a-tax-return or call the HMRC helpline on 0300 200 3300.
Learn more about Capital Gains Tax: www.gov.uk/topic/personal-tax/capital-gains-tax
The tax treatment of your investment will depend on your individual circumstances and may change in the future.
Interest generated on your Savings Account is classed as taxable income. This means, depending on your personal circumstances, you may need to fill out a self assessment of the interest your savings generate. For more information (and to find out if it applies to you), click this link to the HMRC website.
As we offer a non-advised service, the government make it mandatory that we help you check that your investments are right for you heading into retirement. Part of this includes offering Investment Pathways, an initiative from the Financial Conduct Authority (FCA).
If you're unsure of your retirement objectives, or if you need help financially planning for retirement, then you may wish to speak to an independent financial advisor.
By choosing Pension Pathways, you’ll need to fill out a questionnaire to help you understand your drawdown plans. We’ll then share a set of mandatory funds, operated by Hymans Roberston, which are designed and approved specifically for withdrawing from your pension.
It’s worth noting that you do not need to decide based on the outcome of this questionnaire and the options listed above will still be available to you.