To provide you with a sense of what you might expect from Wealthify’s risk-based investment styles, we do provide you with a prediction of performance when creating your Plan. For more information visit https://www.fscs.org.uk/. You should seek financial advice if you are unsure about investing. If you want to know more about our fund selection process, we explain everything in this blog: The Wealthify Way to Fund Research. The opposite is also true for why we may choose to increase a region’s allocation in your Plan. And our fund selection follows strict criteria to ensure we only include best-in-class funds in both our Original and Ethical Plans. A personal pension is a great way to complement your workplace pensions by having more flexibility over how you contribute and invest. What’s more, you can choose an ethical investment plan if that matches your values. We typically invest your money within two working days of receiving it. This is an advantage for you, as it means you can see exactly what we are buying and selling for your Plan. market spread – the difference between the price the firm buys and sells investments. Easy to use Easy to use, consistent performance and transparent Useful. This is the most transparent way to show you your actual return (i.e. You can see from the screenshot that I went for a 'confident' investment style, or in other words Wealthify's medium risk portfolio. But the level of risk you’re taking also depends on what’s happening in the markets, and this is what drives our Plan weight changes. They are improving many aspects like decreasing time for funds to arrive and showing more helpful alerts. Just clear fees, and investment styles to suit your needs. If you’re investing with us, you probably know that we have a team of investment experts that monitor markets and manage your investments on an ongoing basis. Wealthify offers an easier approach. The custodian of our Pension products is Embark Pensions, who are part of the Embark Group – the UK’s fastest-growing digital retirement platform. Share. Whatever you decide, you can rest assured that there’s no additional charge for creating more than one Plan. Wealthify, which was launched in Cardiff in 2016, offers investors access to one of five low-cost investment plans through Isas and general investment accounts for just £1. 11/05/2018 . You can even choose different investment styles for each Plan. Our investment team have pre-selected a range of. Instead of putting all your eggs in one basket and relying on one particular company to perform well, you spread your money across all of them, so that you benefit from their collective strength. The fees are reasonable and the service just works. By doing this we can make timely and necessary adjustments to your Plan to keep everything on track and maximise your potential returns. Low risk Plans will contain a higher percentage of low-risk investments like bonds. The platform does not engage in active trading, nor can you buy and sell shares through Wealthify. a. The mix of funds and investments in your Plan will depend on your attitude to risk. We calculate your returns using the ‘Time-Weighted Rate of Return’ (TWRR) method, which is widely used within the investment management industry. All you need to be is the registered contact for the account. You can even choose different investment styles for each Plan. In a nutshell: Swapping or changing one of the funds that makes up your Plan. As with most investments, small additional costs can be incurred through the investing process and vary from time to time. Our straightforward process makes it easier to get started or transfer your pensions to Wealthify, giving you a much clearer view of your future. Covid-19 and the consequent lockdowns have had serious repercussions on the economy and global stock markets. Yes, if you are a UK 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. And you can put your money into both Original and Ethical plans as you see fit. You can also open more than one investment plan – each with different plans for different personal finance goals. On request, we can show you your return calculated by another method, called the ‘Internal Rate of Return (IRR)’. In a nutshell: Maintenance on your Plan to make sure it matches your chosen risk level. There is no master fund into which your money is invested, as you’ll find with some services. Five investing styles for Junior ISA, ISAs, SIPP and GIAs, letting you choose a level of risk you're happy with. Take a look at our, Yes, you can build as many Plans as you like. Wealthify aims to ‘keep these as low as possible, around 0.22% for original plans and 0.66% for ethical plans’, which takes the total yearly cost to 0.82% or 1.26% on average. As we show in our Wealthify review, they’ve used the power of analytics and algorithms to create five different investment options based on consumer’s attitude to risk and have made some solid profits from working in this way. Our experts use the market information along with their own their knowledge and experience, to make small adjustments to the mix of funds in your investment plan, where appropriate. Like all stocks and shares you are taking a risk, this investment has ridden the recent crashes. You may not see the issue, but because of shares performing better than bonds, your risk level has increased, and your Plan will be subject to greater fluctuations. This information will help Wealthify match you to an investment style – cautious, tentative, confident, ambitious or adventurous. 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